'Limits Equally Applicable': Sitharaman Dismisses Telangana Govt's Claims On Financial Restrictions

Union Finance Minister Nirmala Sitaraman has dismissed Telangana government’s charges that the Centre had stifled the States imposing restrictions on their borrowing limits.

“The Constitution has given the Central government a responsibility for overall supervision of borrowings and the limits are equally applicable to all States. This is not new, not something that has started after 2014. Article 293 of the Constitution provides for supervision as borrowings should be under someone’s control,” she averred.


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