The State of Kerala on Thursday thanked the Union government for ₹13,000 crore, but said it will continue with its legal battle in the Supreme Court for an additional amount to which it is entitled.
“I am very thankful that ₹13,000 crore has come to us. But we are talking about an additional amount to which we are entitled,” senior advocate Kapil Sibal, appearing for the State, submitted before a Bench of Justices Surya Kant and K.V. Viswanathan.
Opening his submissions in a suit filed against the Union government for unduly interfering and placing limits on Kerala’s borrowing powers, Mr. Sibal said the State immediately needed a little over ₹10,000 crore more.
