The apex court is currently hearing a suit filed by the Kerala government which accuses the Centre of interfering in the exercise of its "exclusive, autonomous and plenary powers" to regulate the state's finances by imposing a ceiling on borrowing. In a note submitted to the apex court last month, the Centre had said that since Kerala has challenged the Centre's power to impose conditions on borrowing, the state's request for additional borrowing (up to 3.5% of GSDP) can only be considered after it has withdrawn the suit.
Bu hikaye Financial Express Mumbai dergisinin March 07, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin March 07, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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