SC Seeks Centre’s Reply by Feb 13 on Kerala’s Plea Against Cap Imposed on Borrowing

The Supreme Court has asked the Centre to respond in two weeks to a suit by the Kerala government accusing it of interfering in exercise of its “exclusive, autonomous and plenary powers” to regulate the state’s finances by imposing a ceiling on net borrowing. A bench of justices Surya Kant and KV Viswanathan told Attorney

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