Commons lifts borrowing limit for Scottish Government
MPs have agreed to lift borrowing limits for the devolved government in Edinburgh.
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MPs have agreed to lift borrowing limits for the devolved government in Edinburgh.
Scottish Government ministers can borrow 1.6 per cent more to support their spending...
In an original suit filed under Article 131 of the Constitution, the Kerala government has said the Constitution bestows fiscal autonomy upon states to regulate their finances under various articles, and the borrowing limits or the extent of such borrowings are regulated by state legislation.
Justice Surya Kant said, “We leave it to both of you to work out the modalities.”
India News: The left-governed Kerala assembly passed a resolution accusing the Centre of choking the state financially by cutting borrowing limits in violation of federal principles. It demands borrowing limits be restored and overdue grants released.