Question 13DiscussGS2GS2

संविधान के अनुच्छेद 293 के तहत राज्यों की उधार लेने की शक्तियों पर लगाए गए प्रतिबंध, वर्तमान संवैधानिक रूप से वैध है, लेकिन ने राज्यों की राजकीय स्वायत्ता को भंग किए जा सकते है और सहायक संघवाद को प्रभावित कर सकते हैं। हाल के विकास के संदर्भ में इस पर चर्चा 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

[Article 293] allow Central Government to put a ceiling on the State capacity to borrow funds.

16 words

Main Body

[Article 293] allow Central Government to put a ceiling on the State capacity to borrow funds. It further require state to take permission if these is any outstanding debt transferred government

Constitutional Validity

1To ensure centre's control over state finances & Assymmetric federal ties

2Deter populism & maintain fiscal discipline & freebies

3Avoid crowding out effect for private sector

4Maintain & Credit health of financial institutions

By Elder Loan Walker

Hindrance to fiscal autonomy

1Create dependency on Central government by withholding of Siragra Shiksha fund

2Allow DPTA Deter State capacity to implement policies in social content & SKTN chief minister health insurance scheme

3Violation of principle of subsidiarity

4Promote discontent among certain States by South Indian States over BRAC criteria

Disrupt Cooperative Federalism

1Impuet implementation of centrally sponsored schemes by Ayushman Bharat Yojana

2Widen Trust deficit among Centre & State by withdrawal of general Consent to CBI

3Impact functioning of institution by GST Council (279A)

4lead to Overlapping of schemes & wastage of resources

Way forward

1Allow borrowing Under Certain Clauses based on fiscal health index

2Initiate reforms for Strengthening fiscal capacity of States by elder loan evasion

3A permanent finance commission under Article 280

4Fiscal responsibility Council establishment (A.I.K Singh Committee)

To ensure cart of development more smoothly both Where (centre & State) should work together

233 words6 paragraphs

Conclusion

To ensure cart of development more smoothly both Where (centre & State) should work together

15 words

Examiner score

1.05/10

Open original scan

Page 31

Topper

Harsh Nehara

AIR 74

Subject & Paper

GS2GS2

Topic

Federal Structure - Functions, Responsibilities, Devolution of Powers and Finances

Centre-State Financial Relations

Article 293 - State Borrowing Powers

Writing Stats

264

Total words

Paragraphs

analytical

Tone