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Central Government Ready for Negotiations with Kerala on Financial Crisis: Supreme Court Directs Discussion

New Delhi: The central government is ready to negotiate with Kerala in the financial crisis. The central government announced its position in the Supreme Court. According to this, there will be a discussion between Kerala and the Centre. The Supreme Court will consider the petition filed by Kerala on Monday, raising demands including raising the loan limit. While considering the case, the central government informed that it is ready to discuss the issue today. Kerala also announced that it would send a delegation for discussion. The Supreme Court asked that there be a discussion to resolve the issue. Based on this, both the governments informed the court.

The Supreme Court directed that a discussion be held between the Finance Secretary of Kerala and the Union Finance Minister. Senior lawyer Kapil Sibal, who appeared for Kerala, said that he is ready to negotiate after the court’s order. However, the position of the Attorney General, who appeared for the central government, was that he would announce his position in the afternoon. After hearing the plea in the afternoon, Attorney General Venkittaramani said that he respects the court’s proposal and is ready to discuss it. Then the Supreme Court adjourned the case to Monday.

In December, Kerala filed a petition in the Supreme Court against the central government. In the petition, it was pointed out that the central government is unnecessarily interfering in the economic affairs of Kerala. Kerala also argued in the court that due to some amendments of the central government, the promises in the budget cannot be implemented. The state government had said in the petition filed in the court that the current crisis was due to the reduction of the borrowing limit by the Centre, and that Kerala urgently needed Rs 26,000 crore.

2024-02-13 11:30:23
#Economic #crisis #Center #Kerala #ready #talks #plea #heard #Monday #Madhyamam

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