Kerala Govt’s Lawsuit on ‘Net Borrowing Ceiling’ Referred to Supreme Court’s Constitution Bench

Today(on 14th May),Supreme Court assures Kerala’s net borrowing ceiling lawsuit will be prioritized before a five-judge bench, responding to urgency expressed by senior advocate Kapil Sibal.

Kerala Government Disputes Union Government’s Assertion, States Centre Holds Roughly 60% of Total Debt

Kerala’s challenge is rooted in the principles enshrined in Article 293 of the Constitution, which it argues grants states the autonomy to manage their own debts without undue interference from the Central Government. The State of Kerala has taken a firm stand against the Central Government’s attempt to impose borrowing limits, arguing that such actions […]