The Economic Times News

Cash transfer schemes should be stopped in states with a debt-to-GDP ratio above 20%: Congress MP Manish Tewari

Tewari noted that under Articles 292 and 293 of the Constitution, the Parliament has the authority to fix borrowing limits for the central and state governments. Article 292 deals with borrowing by the Government of India, while Article 293 governs borrowing powers of state governments.