Which state government filed a case in the Supreme Court recently to challenge the Center's decision to cap its borrowing limit?
Kerala
2023 December
|
|
3/5 |
The Kerala government challenged the Centre's decision to cap its net borrowing limit in court, arguing that it interferes with the state's constitutionally protected financial autonomy. Kerala has stated that its economy and population welfare are negatively impacted by attaching the debt ceiling to central government schemes and withholding necessary state funding.