State Of Play: Borrowing limit slashed by Modi govt leaves Kerala in the lurch but the issue is bigger

The Pinarayi Vijayan-led Kerala Government accuses the Narendra Modi Government of reducing Kerala’s Open Market Borrowing (OMB) by more than half this fiscal year.

On State Of Play, political editor Anusha Ravi Sood explains why while more than 50 lakh vulnerable beneficiaries suffer, the question has now extended to the state’s entitlement, rights & federal principles over fiscal management.