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The Hindu
The Hindu
National
PTI

Ceiling on net borrowing: SC reserves order on Kerala’s plea seeking interim relief

Kerala Deficit States

The Supreme Court on Friday reserved its order on Kerala government’s plea seeking interim relief in a lawsuit contesting a ceiling on the State’s net borrowing.

The Kerala government had filed a suit in the apex 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 cap on borrowing.

A bench of Justice Surya Kant and Justice K.V.  Viswanathan reserved the order after hearing the two sides.

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