SC asks Centre to consider relaxing borrowing limit for Kerala as one-time package

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SC asks Centre to consider relaxing borrowing limit for Kerala as one-time package



He clarified that the Centre is always ready to help Kerala.To this, the judges said the court did not ever doubt the bona fide intention of the Centre to help out the state.Justice Surya Kant told Attorney General (AG) of India R Venkataramani and ASG Venkataraman, “What we are trying to impress upon you is, do something as a special measure”, for Kerala.The Kerala government, in its petition filed in the top court, had alleged that the Centre is unnecessarily interfering in its finances and submitted to the SC that due to such interference, the state is not able to fulfil the commitments in its annual budgets.The Kerala government said in its petition filed before the SC that the Centre is imposing a net borrowing ceiling on the state.The Kerala government said that the alleged interference by the Centre has resulted in huge arrears that it owes by way of welfare schemes to the people of the state particularly the poor and the vulnerable, various beneficiary groups, employees of the state government, its pensioners and dues to its state-owned enterprises.



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