The newly elected United Democratic Front (UDF) government on Thursday tabled a White Paper on Kerala’s finances in the state Assembly, revealing mounting public debt, rising liabilities and persistent treasury stress that together paint a worrying picture of the state’s fiscal health. According to the report, Kerala’s total public debt has surged to Rs 5.07 lakh crore, while pending liabilities stand at Rs 48,733 crore, including unpaid dearness allowance (DA) and dearness relief (DR) arrears owed to government employees and pensioners.