IndiaIN

Article 293 of the Constitution of India

Article
293
Chapter
CHAPTER I.—F INANCE — General
Index row title
(1) Subject to the provisions of this article, the executive power of a State extends to borrowing within
Source document
India Constitution
Provision ID
66d8d153-32b9-4aad-a2fb-92f3e1ac90f1

252 words

Verbatim text

the territory of India upon the security of the Consolidated Fund of the State within such limits, if any, as may fromtime to time be fixed by the Legislature of such State bylaw and to the giving of guarantees within such limits,if any, as may be so fixed. (2) The Government of India may, subject to such conditions as may be laid down by or under any law made by Parliament, make loans to any State or, so long as any limits fixed under article 292 are not exceeded,give guarantees in respect of loans raised by any State,and any sums required for the purpose of making suchloans shall be charged on the Consolidated Fund of India. (3) A State may not without the consent of the Government of India raise any loan if there is still outstanding any part of a loan which has been made tothe State by the Government of India or by its predecessorGovernment, or in respect of which a guarantee has beengiven by the Government of India or by its predecessor Government.Borrowing by the Government ofIndia. 1Subs. by the Madras State (Alteration of Name) Act, 1968 (53 of 1968), s. 4, for “Madras” (w.e.f. 14-1-1969).Borrowing by States.THE CONSTITUTION OF INDIA (Part XII. —Finance, Property, Contracts and Suits. — Arts. 290A—293.)174 (4) A consent under clause (3) may be granted subject to such conditions, if any, as the Government of Indiamay think fit to impose. C HAPTER III.—P ROPERTY , CONTRACTS , RIGHTS , LIABILITIES , OBLIGATIONS AND SUITS

What this means

  • The index files this text under article 293 of the Constitution of India.
  • The index files it under the chapter heading “CHAPTER I.—F INANCE — General”.
  • The passage runs to about 252 words.
  • Read plainly, it mentions property — it addresses property, possession, or taking property compulsorily (the words used: “Property”).

The row’s stored title is a body fragment, not a heading (“(1) Subject to the provisions of this article, the executive power of a State extends to borrowing within”), so it is not used as the provision’s title here.

The index gives this passage an article number but stores a body fragment where a heading would be, so the number could not be cross-checked against the text. Check it against the official Constitution before relying on it in a citation.

This is a mechanical reading aid generated from the text above by matching words in it. It is not legal advice, not a lawyer’s interpretation, and not a substitute for the provision itself.

How to cite this

Constitution of India, article 293, Portable Lawyer, https://www.portablelawyer.app/provision/66d8d153-32b9-4aad-a2fb-92f3e1ac90f1 (accessed 25 October 2026).

Canonical URL: https://www.portablelawyer.app/provision/66d8d153-32b9-4aad-a2fb-92f3e1ac90f1

Accessed 25 October 2026.

Link to the canonical URL above, not to a #section-… fragment on the jurisdiction page — the fragment is a scroll position, this URL is the provision.

Machine-readable versions