How does the Supreme Court respond to Kerala's plea against the Centre regarding the ceiling on net borrowing
SC announcement on setting up a five-judge bench to hear Kerala's plea on net borrowing limits.
- The Supreme Court has responded to Kerala's plea against the Centre's ceiling on net borrowing by announcing the setting up of a five-judge bench to hear the case.
- The bench will specifically address the issue of the net borrowing limits imposed by the Centre on states, which has been a point of contention between Kerala and the central government.
- This decision indicates that the Supreme Court considers the matter to be significant and complex enough to warrant a detailed examination by a larger bench of judges.
- The outcome of this hearing could have far-reaching implications for the fiscal autonomy of states and the relationship between the Centre and individual state governments.
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8 months ago