Tuesday, July 8, 2025

‘Economy to face very strong BJP’s betrayal’: Siddaramaiah Ribuce ‘is going to Karnataka’ In charge – News18


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Highlighting some alleged examples of mismanagement under BJP, Siddaramaiah attacked the Center, he said

Siddaramaiah said that the BJP was criticizing the state’s financial situation for political gains. (PTI)

Karnataka Chief Minister Siddaramaiah has launched a brilliant attack on the BJP and the Center of the state on allegations of insolvency towards the state.

With the recent payment made for guarantee in Karnataka, the Congress government, to fail to fulfill its promises and came under the attack and called the BJP “evidence enough”, which is moving towards bankruptcy Was.

Deputy Chief Minister DK Shivkumar comments that “even God will not be able to stop the face of the city while landing on Bengaluru in the coming years” added further pace on the BJP’s charge that the Congress of Bangalore and Karnataka There was no future under.

Vijayendra had recently demanded a white paper on the state’s finance before the Karnataka BJP chief and former Chief Minister Basavraj Bomai, alleging that the economy collapsed before the Karnataka budget in March. Siddaramaiah has now issued a detailed statement fighting the BJP attacks.

“The reality is that during the BJP rule, the state’s economy was pushed to the brink of collapse. Now, sitting in the opposition, they are speaking as if they are great economists. Our government is working hard to bring back the state’s economy after mismanagement and chaos caused by BJP’s irresponsible financial policies. It is unfortunate that the BJP cannot accept or understand it. ,

The release states: “During the BJP’s rule, they took seven times more projects than the budget allotted. By 31 March, 2023, he overtook unpaid bills worth Rs 2,70,695 crore for major departments like public works, minor irrigation, water resources, urban development, rural development and housing. He also approved projects worth Rs 1,66,426 crore under the discretionary fund of the Chief Minister. Can such financial mismanagement, irresponsible and corruption be decided in a few years? ,

Highlighting some alleged examples of mismanagement under the BJP, Siddaramaiah attacked the Center, said that he stopped compensation to Karnataka for GST deficit, and this made the state a revenue deficit of Rs 18,000-Rupp The tune was found.

Siddaramaiah also continued to tamper with the Center for alleged injustice in tax development. “In 2018-19, when the Union Budget was Rs 24.42 lakh crore, Karnataka received Rs 35,895 crore as its share. Now, the Union Budget with Rs 50.65 lakh crore, Karnataka is expected to receive only Rs 51,000 crore. Compared to 2018, we should have received at least Rs 73,000 crore. This alone causes an annual loss of Rs 22,000 crore to the state. The central government collects more than Rs 4.5 lakh crore in taxes from Karnataka, but only gives a fraction. Has BJP ever talked about this? “He asked question.

Not sparing BJP MPs and MLAs from the state, Siddaramaiah said that his silence is “like a lamb surviving, while it is unaware of its plight”.

Defending Karnataka’s economy under his reign, Siddaramaiah then said that the state’s own tax revenue growth during the BJP’s tenure was 15 percent compared to 11 percent.

“Our fiscal discipline remains intact. The fiscal deficit is less than 3 percent, and our total liabilities are within 25 percent of GSDP. During the BJP’s rule, they were out of control. Karnataka stands strong. ,

He said: “Despite the conspiracy and betrayal of the BJP, Karnataka stands strong. We are providing more than Rs 52,000 crore to support farmers in guarantee schemes and crisis. We are fulfilling their promises to Kalyan Karnataka and providing grants including Bengaluru to all parts of the state, “Siddaramaiah said, protecting development works by Congress in the state.

Siddaramaiah said that the BJP was criticizing the state’s financial situation for political gains and claimed that it was good governance that attracted an investment of 10.27 lakh crore in the recent investment Karnataka program.

Excavating Vijayendra on allegations of increasing debt in the state, Karnataka CM said that the government loan had exceeded Rs 147 lakh crore in 11 years under Prime Minister Narendra Modi.

“PM Modi’s economic policies have also made the state’s finance unstable. In March 2014, the joint loan of all states was Rs 25 lakh crore. Now, it has exceeded Rs 95 lakh crore, an increase of Rs 70 lakh crore in 10 years. The state is suffering from the policies of the central government and the central economy is also getting weaker, “Siddaramaiah said.

He concluded that the economy of Karnataka was strong enough to face the BJP’s betrayal, but that it would continue to fight for the state’s rights against the unjust central government -led central government under Modi.

Siddaramaiah prepared his 16th budget to present his 16th budget as a state of fare, Congress as a guarantee of guarantee, Kalyan Karnataka region’s welfare, infrastructure work and law and order in the state can be the focal point in the assembly session. Are.

news Politics ‘Economy to face very strong BJP’s betrayal’: Siddaramaiah Rebats ‘Ins bankruptcy going to Karnataka’



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