Supreme Court Blames Kerala For Financial Trouble, Refuses Interim Relief.
Observing that Kerala's financial hardship is the creation of its own monetary mismanagement, Supreme Court Monday refused to grant interim relief to allow the state to borrow more money and referred its petition against Centre's decision to limit borrowing capacity of states to Constitution bench for adjudication.
Earlier, Supreme Court had asked Centre to give one time package to Kerala to bail out State from financial crisis
Observing that Kerala's financial hardship is the creation of its own monetary mismanagement, Supreme Court Monday refused to grant interim relief to allow the state to borrow more money and referred its petition against Centre's decision to limit borrowing capacity of states to Constitution bench for adjudication.
Earlier, Supreme Court had asked Centre to give one time package to Kerala to bail out State from financial crisis
Supreme Court Blames Kerala For Financial Trouble, Refuses Interim Relief.
Observing that Kerala's financial hardship is the creation of its own monetary mismanagement, Supreme Court Monday refused to grant interim relief to allow the state to borrow more money and referred its petition against Centre's decision to limit borrowing capacity of states to Constitution bench for adjudication.
Earlier, Supreme Court had asked Centre to give one time package to Kerala to bail out State from financial crisis
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