Shimla, Sept. 25 -- Days after the finance ministry turned down the request of increasing borrowing limit, former chief minister and BJP veteran Shanta Kumar has urged the Centre to consider the request of the state.

Citing "wrong precedent" to other states, the Union finance ministry has turned down the request of the Himachal government to increase the borrowing limit to help it tide over fiscal challenges while stressing on states should "strengthen their economy". In July this year, chief minister Sukhvinder Singh Sukhu had called on the Union finance minister Nirmala Sitharaman at New Delhi and urged for an increase in borrowing limit of the state by 2%. In May 2023 the central government reduced the borrowing limit of Himachal and ...