Are there any conditions placed on the Government of India's ability to give guarantees in respect of loans raised by a State under Article 293(2)?
Yes, there are conditions placed on the Government of India's ability to give guarantees in respect of loans raised by a State under Article 293(2). These conditions may be laid down by or under any law made by Parliament. The sums required for the purpose of making such loans shall be charged on the Consolidated Fund of India.