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Opposition Leader Criticizes Karnataka Chief Minister Over State’s Financial Management

Indian Community Editorial TeamBy Indian Community Editorial TeamMarch 25, 20261 Min ReadNo Comments Add us to Google Preferred Sources
Opposition Leader Criticizes Karnataka Chief Minister Over State’s Financial Management
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Leader of the Opposition R. Ashoka criticized Chief Minister Siddaramaiah during a Budget discussion in the Assembly. Ashoka accused the state of relying heavily on borrowing to manage its finances, labeling the 2026–27 Budget as a “credit Budget.”

Ashoka highlighted that the government had borrowed Rs 1.32 lakh crore, with a significant portion allocated for capital expenditure. He raised concerns about the diversion of funds meant for welfare schemes and the underutilization of allocated amounts, citing examples like the Gruha Lakshmi and Annabhagya schemes.

Comparing Karnataka’s allocations to national averages, Ashoka pointed out that the state lagged behind in sectors like health and rural development. He also criticized the government for cuts in allocations to various corporations and alleged the diversion of funds meant for specific schemes.

Ashoka further accused the government of not acknowledging contributions from the Union government, including tax devolution and grants. He demanded clarification on discrepancies in metro funding figures and emphasized the need for a developmental vision in the Budget to avoid further financial strain on the state.

Annabhagya scheme Basavaraj Bommai BJP D.K. Shivakumar Delhi Devaraj Urs Corporation Gruha Lakshmi scheme Jal Jeevan Mission Karnataka Maratha Development Corporation PM Modi R. Ashoka SCSP/TSP Shakti scheme Siddaramaiah Union Government
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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