Fiscal Federalism Under Scrutiny: Supreme Court Refers Kerala’s Borrowing Dispute to Larger Bench (01 April 2024)

/ Constitutional Law, Constitutional Law with Article 131, Constitutional Law with Article 293, Finance Commission, Finance Law, Fiscal Federalism, Fiscal Responsibility and Budget Management Act, 2003, State Borrowings

Date of the Judgment: 01 April 2024 Citation: 2024 INSC 253 Judges: Hon’ble Mr. Justice Surya Kant and Hon’ble Mr. Justice K.V. Viswanathan Can the Union government impose borrowing limits on states, and what is the extent of a state’s right to borrow? The Supreme Court of India recently grappled with these crucial questions of […]

Fiscal Federalism Under Scrutiny: Supreme Court Refers Kerala’s Borrowing Dispute to Larger Bench (01 April 2024) Read Post »