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Constitution of India

(COI)

Borrowing by the Government of India

Chapter 13: Part XII: Finance, Property, Contracts and Suits

Section: 292


The executive power of the Union extends to borrowing upon the security of the Consolidated Fund of India within such limits, if any, as may from time to time be fixed by Parliament by law and to the giving of guarantees within such limits, if any, as may be so fixed.

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