March 2018
11:48 AM IST
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Kerala News
State reeling under serious financial crisis: Geetha Gopinath
(Thiruvananthapuram, Jan 13, 2018, DG): The state is reeling under grave financial crisis, said Geetha Gopinath, Financial advisor to the Chief Minister Pinarayi Vijayan.

She said that distributing salary and pension to government employees has become a burden. Private sector should be given more importance to improve the current financial situation.

"Private sector should be allowed to be involved more in the infrastructure development sector. This is the only way to wriggle out of the difficult situation", she added.

Gita is a professor of economics at Harvard University. She is a visiting scholar at the Federal Reserve Bank of Boston and a research associate with the National Bureau of Economic Research (NBER), for the programs in Economic Fluctuations and Growth, International Finance and Macroeconomics, and Monetary Economics.

Joining the Harvard economics department in 2005 as an assistant professor, she taught at the University of Chicago's Booth School of Business.

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