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Article Title: Union vs Kerala: Fiscal Federalism

02-04-2024

site.tnpsc_current_affairs.current_affairs_tags.Indian Polity Current Affairs Analysis

The Supreme Court on Monday referred to a Constitution Bench the question raised by Kerala whether a State has an “enforceable right” to raise its borrowing limits from the Union government and other sources.

Questions of law before the court:

1Whether “fiscal decentralisation” was an aspect of Indian federalism.

2If Central regulations fixing net borrowing ceilings on States were a violation of the principles of federalism.

3Examine if the borrowing restrictions of the Centre were in conflict with the role assigned to the Reserve Bank of India as the “public debt manager”.

4Whether it was mandatory for the Centre to have prior consultation with States for giving effect to the recommendations of the Finance Commission.


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Daily Current Affairs Updates for TNPSC Aspirants

Current Affairs analysis is crucial to the preparation of the TNPSC exams because it is a vital component of the examination. The TNPSC syllabus comprises various topics that require a deep understanding of current affairs, and as such, it is imperative to stay updated on the latest news and events happening in the world. This is where the importance of current affairs analysis comes in. A well-informed candidate who has a comprehensive knowledge of current affairs is more likely to fare well in the TNPSC exams, especially in the General Studies paper.

To help students stay informed, Kamaraj IAS Academy provides daily updates on current affairs, which are sourced from reliable and reputable websites such as The Hindu, Wikipedia, Business Standard , and others. These updates cover various aspects, including national and international news, politics, economics, social issues, and others.

The academy's experienced faculty members analyze and explain these updates to the students in a comprehensive manner, making it easier for them to understand complex topics. The daily analysis helps the students to form a clear understanding of the events happening around them, which enables them to write better answers during the exam.

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In conclusion, the importance of current affairs analysis in UPSC exams cannot be overstated, and Kamaraj IAS Academy understands this. The academy is committed to providing students with the latest news and events analysis, which helps them to stay ahead of the curve and succeed in their exams.