Nirmala Sitharaman says Karnataka and Bengaluru are set to benefit under many schemes announced in Budget
7 months, 3 weeks ago

Nirmala Sitharaman says Karnataka and Bengaluru are set to benefit under many schemes announced in Budget

The Hindu  

Following criticism of the Union Budget by Chief Minister Siddaramaiah, Union Finance Minister Nirmala Sitharaman on Sunday defended the Centre’s financial allocation to Karnataka and said that many of the large projects announced in the Budget would bring benefits to the State. While Mr. Siddaramaiah had listed out Karnataka’s expectations from the Budget that were not met, Ms. Sitharaman gave details of the tax devolution, grants in aid, and other financial assistance to the State. In grants in aid, the State received ₹60,779 crore during the UPA regime while it received ₹2,36,955 crore during the NDA government.” From 2020-2021 till now, including the allocation in the 2024-2025 Budget, Karnataka will receive ₹10,041 crore 50-year interest-free loan, she added. Of course, afterwards she said something different.” CM has to take responsibility for ST corporation scam: FM On the Chief Minister’s demand for accountability of the Union Finance Minister in the Karnataka Maharshi Valmiki ST Development Corporation’s irregularities, she said, “He can say.

History of this topic

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