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Centre will allow additional borrowing if we withdraw our lawsuit: Kerala tells Supreme Court

The state government had moved the court, alleging violation of fiscal federalism after the Union government capped its borrowing capacity.

Kapil sibalParty of india marxistSupreme courtLive lawCommunist partySolicitor generaln venkataramanKerala finance ministerBusiness and economyFiscal federalismSupreme courtKerala newsKerala borrowing caseErala borrowing supreme court newsErala borrowing limit union government

Centre tells Supreme Court it is open to dialogue with Kerala to resolve dispute over cap on net borrowing

The Kerala government has approached the Supreme Court accusing 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 net borrowing.

Surya kantSupreme court onUnion of indiaSupreme courtGeneralr venkataramaniJustices surya kantKerala borrowing caseKerrala borrowing disputeKerala newsKerala finances

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