Borrowing

May 14, 2024

SC assures Kerala of listing its lawsuit against ceiling on net borrowing before Constitution bench

A bench comprising Justices Sanjiv Khanna and Dipankar Datta took note of the submissions of senior advocate Kapil Sibal, appearing for Kerala, that the matter is urgent and be listed after the summer vacation.

March 13, 2024
Financial package: Kerala rejects Centre's Rs 5,000-crore offer, demands Rs 10,000 cr

The Supreme Court had asked the Centre to consider providing a one-time package to the State government by March 31 to deal with its financial issues.
March 12, 2024
Supreme Court asks Centre to provide financial relief package to Kerala

The demand in the petition is for immediate permission to take a loan of Rs 24,000 crore. However, this was denied citing the petition.
March 06, 2024
SC allows cash-starved Kerala to borrow Rs 13,608 crore this fiscal

The court emphasized the importance of mutual trust between the Center and Kerala, while also indicating that Kerala should not withdraw its petition in the matter.
February 13, 2024
Supreme Court asks Kerala, Centre to resolve issue of borrowing limit through dialogue

An SC bench comprising Justices Surya Kant and KV Vishwanathan recommended that the finance secretary of the state should meet the union finance minister and resolve the deadlock through negotiation.
February 07, 2024
Kerala vs Union | State borrowings affect India's credit rating: Centre informs SC

In a note submitted before the top court, Attorney General R Venkataramani submitted that public finance management is a national issue
September 14, 2023
Centre rejects Kerala's demand to borrow more

The Union Finance Ministry has replied that the State's demand is against the Fiscal Responsibility Act.

Borrowing

SC assures Kerala of listing its lawsuit against ceiling on net borrowing before Constitution bench

Financial package: Kerala rejects Centre's Rs 5,000-crore offer, demands Rs 10,000 cr

Supreme Court asks Centre to provide financial relief package to Kerala

SC allows cash-starved Kerala to borrow Rs 13,608 crore this fiscal

Supreme Court asks Kerala, Centre to resolve issue of borrowing limit through dialogue

Kerala vs Union | State borrowings affect India's credit rating: Centre informs SC

Centre rejects Kerala's demand to borrow more

Borrowing dispute: Centre makes bewildering claims, refuses to take Kerala into confidence

Analysis | How much can Kerala borrow? Balagopal and Muraleedharan add to confusion

Centre conducting 'research' on how to harass Kerala govt: CM Pinarayi Vijayan