Question 13GS2GS2
संविधान के अनुच्छेद 293 के तहत राज्यों की उधार लेने की शक्तियों पर लगाए गए प्रतिबंध, यथापि संवैधानिक रूप से वैध हैं, लेकिन वे राज्यों की राजनीय स्वायत्ता को बाधित कर सकते हैं और सहकारी संघवाद को प्रभावित कर सकते हैं। हाल ही में पंजाब संकट के आलोक में विचार कीजिए। (उत्तर 250 शब्दों में दीजिए) The restrictions imposed under Article 293 of the Constitution on State borrowing powers, though constitutionally valid, may hinder fiscal autonomy of States and disrupt cooperative federalism. Discuss in the light of recent developments. (Answer in 250 words)
Introduction
Under Article 293, Center can put restrictions on borrowing powers of states.
12 words
Main Body
Under Article 293, Center can put restrictions on borrowing powers of states.
Uredel has recently moved SC to challenge this provision.
Reasons for Art 293:
1Promoting fiscal discipline among states
2Prevent excessive borrowing & potential debt crisis
3Incentivizes states to pay both pending loans
4Enables center to limit levels of public debt
Hindrance on Fiscal Autonomy of States:
1Reduces states power to fund various social schemes
2Seen as encroachment by center on state's powers
3Recent restrictions on Punjab
4States already highly dependent on central devolution of funds by Finance Commission (art 280) by using it against opposition ruled states
1Reduces states power to fund various social schemes
2Seen as encroachment by center on state's powers
3Recent restrictions on Punjab
4States already highly dependent on central devolution of funds by Finance Commission (art 280) by using it against opposition ruled states
Disruptions of cooperative federalism:
1Leading to increased disputes between centre & states
2States vary in over centralization of powers
3States resorting to off-budget borrowings by Finance Commission (art 280) by using it against opposition ruled states
4West Bengal govt accused center of policing powers by using it against opposition ruled states
Way Forward:
1Constitution of Interstate council (art 263) to address disputes (Sorkarian commission)
2Creation of a fiscal council on lines of GST council (to promote fiscal federalism) (Parliamentary standing committee)
3Investing share of states in net proceeds of art to 50% in 16th FC
4Intersecting control grants to states under Art 282 (Puncit's committee)
Balancing fiscal autonomy of states & fiscal discipline is crucial to ensure sustainable & inclusive growth in India
— Aryan Yadav · AIR 31
283 words7 paragraphs
Conclusion
Balancing fiscal autonomy of states & fiscal discipline is crucial to ensure sustainable & inclusive growth in India
18 words
- Comprehensive way forward with multiple solutions
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Topper
Aryan Yadav
AIR 31
Subject & Paper
GS2GS2
Topic
Federal Structure - Functions, Responsibilities, Devolution of Powers and Finances
Centre-State Financial Relations
Article 293 and State Borrowing Powers
Writing Stats
313
Total words
7
Paragraphs