Ceiling on Net Borrowing: ‘I will look into it’; CJI to Set Up Five-Judge Bench to Hear Kerala Govt’s Plea Against Centre

The Kerala Government today has urged the Supreme Court to promptly form a five-judge Constitution bench to address its lawsuit against the Centre regarding the ceiling on net borrowing. The state challenges the Union government’s restrictions on its borrowing capacity, citing infringement on financial autonomy and unconstitutional directives. The matter awaits a decision by the apex court.