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News At 7 | Kerala Govt Slams Centre Over 'conditional' Nod To Borrow Money
Posted
February 20, 2024
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February 20, 2024
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3:12Now PlayingIn this episode of News At 7, anchor Deepak Bopanna talks about the Kerala government. The government has flayed the Centre's stand to allow the state to borrow money only if it withdrew the case before the Supreme Court, terming it "highly disappointing" and detrimental to fiscal federalism.
Addressing media here on Monday, state Finance Minister K N Balagopal claimed that the central government has informed the apex court that if Kerala withdraws its petition, the government will give the state permission to borrow around Rs 12,000 crore on Monday itself.
"The state government has filed the case in the Supreme Court for the fund which is rightfully ours," he said.
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