Kerala to host conclave of 5 opposition-led states to discuss fiscal issues

Kerala will host a conclave of five opposition-ruled states--four from South India and Punjab from the North--to discuss how to ensure their fiscal needs are addressed in the upcoming 16th Finance Commission, state Finance Minister K N Balagopal said on Thursday. Besides the Left-ruled Kerala and AAP-governed Punjab, the states that will take part in the conclave are Tamil Nadu (DMK) and the Congress-ruled states of Karnataka and Telangana. The move by the Left government is seen as an effort to bring together the opposition-ruled states to strengthen their bargaining position with the BJP-ruled Centre. Last year, the state had filed a suit in the Supreme Court against the Centre for imposing limits on its borrowing capacity. Balagopal said that the conclave, which will be inaugurated by Kerala Chief Minister Pinarayi Vijayan on September 12, aims to 'protect and strengthen' the cooperative and fiscal federalism of the country. Besides himself, Telangana Deputy Chief Minister and .