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Union Minister Kumaraswamy Raises Concerns Over Karnataka’s Borrowed Funds

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Mysuru (Karnataka), March 7 (IANS) Union Minister for Heavy Industries and Steel H.D. Kumaraswamy on Saturday expressed strong concern over the state Budget and questioned how the Karnataka government was utilising borrowed funds.“The Congress-led government’s new borrowing is Rs 1.32 lakh crore and the state’s total debt now stands at Rs 8.24 lakh crore,” the Union Minister said.Speaking at the 397th Aradhana of Sri Guru Budiswamiji, the 63rd Pramathara Pooja and the inauguration of a n…