This video explains the recent issue regarding the Kerala Infrastructure Investment Fund Board #KIIFB and the #cagreport regarding the same. KIIFB was issuing #masalabonds for raising the investment in the London stock exchange. The recent cag report stated that the issuing of masala bonds and funding investments through the rupee denominated masala bonds. The State Finance Minister is saying that there is nothing unconstitutional about the masala bonds or investments. The opposition is alleging that Kerala is going into a debt trap with all these debt investments from abroad.
This video also explains the concept of bond as a debt instrument and the idea of rupeedenominated masala bonds and the pros and cons of the same.
As the issue is regarding the CAG report, this video explains the Comptroller and Auditor General of India (CAG) and its annual report and it's auditing system.

alexplain is an initiative to explain must know things in simple Malayalam. Because, sometimes, what we need is a simple explanation.