Latest Monthly Economic Review News & Updates

Karnataka BJP President Criticizes State’s Financial Management

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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 …