Indian Economy·Key Judgments

Public Debt Management — Key Judgments

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Version 1Updated 7 Mar 2026

Key Judgments

S.R. Bommai v. Union of India

1994

While not directly on public debt, this landmark judgment significantly impacted fiscal federalism and the Centre-State financial relations, which are intrinsically linked to…

State of Rajasthan v. Union of India

1977

This case, though primarily about the dissolution of state assemblies, touched upon the broader aspects of Centre-State relations and the exercise of central powers. While not a…

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