Bengaluru, May 2 (IANS) Referring to the Union Finance Ministry’s Monthly Economic Review for April 2026, Karnataka Bharatiya Janata Party (BJP) President and MLA B.Y. Vijayendra on Saturday criticised the state government’s guarantee schemes and expressed concern over the state’s financial management. He said that due to “unscientific financial management”, more than 15 per cent of the state’s revenue receipts are being spent on interest payments, while the state is facing a revenue deficit of …
Latest Guarantee Schemes News & Updates
Hassan, April 23 (IANS) Union Minister for Heavy Industries and Steel H.D. Kumaraswamy on Thursday expressed concern that guarantee schemes offering Rs 2,000 cannot drive development and have instead pushed state finances into distress. He urged women not to be swayed by such small monetary benefits, stating that they cannot ensure family welfare.Speaking at the renovation programme of the Sri Veeranjaneya Swamy Temple in Uddanahosahalli village of Holenarasipura taluk in Hassan district, the mi…
Davanagere (Karnataka), April 2 (IANS) Karnataka Chief Minister Siddaramaiah on Thursday said the Congress is receiving more-than-expected public support in the by-elections and that people have realised the “truth” about the BJP’s lack of development, even as he attacked the Centre over fund allocation.Speaking to media persons at the helipad at the MBA College premises in Davanagere, he said the response in the Davanagere South Assembly constituency has exceeded expectations.“People ha…
Bengaluru, March 6 (IANS) Karnataka Chief Minister Siddaramaiah presented the Budget for the financial year 2026-27 — his 17th — in the Assembly on Friday with a total outlay of Rs 4,48,004 crore, marking a 13.3 per cent increase over the 2025-26 revised estimates. Siddaramiah said that Karnataka continues to lead the nation in all sectors of development. “We are one of the major states that contributes the highest to the tax revenue of the country,” he said.Defending the guarantee schemes, he…
Bengaluru, March 2 (IANS) Karnataka BJP on Monday launched a sharp attack on Chief Minister Siddaramaiah and the Congress government, alleging internal surveillance, financial mismanagement, and failure to fulfil election promises. Addressing a press conference in Bengaluru, the Leader of the Opposition in the Legislative Assembly, R. Ashoka, alleged that Siddaramaiah had formed an “unauthorised team” headed by an officer of the rank of a Superintendent of Police (SP) to monitor the activiti…
Bengaluru, Feb 26 (IANS) Karnataka Deputy Chief Minister D.K. Shivakumar on Thursday said there is nothing wrong if wealthy individuals voluntarily opt out of the state’s guarantee schemes, while asserting that the government will not discontinue any of the programmes.He was responding to media queries at Vidhana Soudha.“There is nothing wrong if wealthy people voluntarily give up guarantee schemes. Government employees and those working in large IT companies, among others, have told us that…
Haveri (Karnataka), Feb 14 (IANS) Karnataka Chief Minister Siddaramaiah on Saturday said that the Revenue Department is distributing title deeds to one lakh beneficiaries for the second time and has so far provided title deeds to 2.20 lakh families, calling it a record achievement. He also claimed that Karnataka’s top GDP ranking in the country is the result of the pro-people policies implemented by his government.He was speaking after inaugurating the government’s 1,000-day celebration prog…