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
— Harsh Nehara · AIR 74
233 words6 paragraphs
Conclusion
To ensure cart of development more smoothly both Where (centre & State) should work together
15 words
Examiner score
1.05/10Open original scan
Page 31
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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
6
Paragraphs
analytical
Tone