The Kerala government has accused the Indian central government of imposing borrowing curbs as part of a misguided and unfair political strategy. The accusation came in response to a note submitted by the Attorney General, accusing the state of being financially unhealthy. The Kerala government claims that the central government s borrowing limits have deprived the state of resources amounting to INR 1.07 lakh crore ($15 billion) since 2017. The debate over fiscal federalism has been a hot topic, with several states protesting against discriminatory fiscal policies. | Latest News India