K'taka heads towards bankruptcy for the implementation of 'guarantees' sans income: Bommai

Former Karnataka CM criticizes state budget, accusing Siddaramaiah of focusing on welfare schemes instead of development. In a scathing statement, Basavaraj Bommai of the BJP slammed the 15th State Budget, claiming it allocated insufficient funds for development and relied heavily on borrowing. Bommai also highlighted a drop in FDI and expressed concern over the state’s financial position.

Speaking in the Assembly, Bommai criticized the budget, saying, “Any ‘Dasoha’ (charity) without ‘Kayaka’ (work) will not usher growth.” He pointed out the deficit in capital expenditure and the lack of allocation for the proposed seventh pay commission, expressing doubts about the feasibility of the welfare schemes.

Bommai also drew attention to the decrease in FDI during the current administration compared to the previous BJP government, emphasizing the negative impact on the state’s development. He warned that the state would regress if development projects were not implemented promptly.

Moreover, Bommai criticized the Congress government for not releasing relief funds to farmers despite receiving Rs 6,000 crore from the Centre. He accused the government of blaming the Central government to cover up its own mistakes, and expressed concern over the state’s precarious financial position.

Overall, the former CM’s statements shed light on the concerns surrounding the 15th State Budget and its potential implications for Karnataka’s development. His criticism highlights the need for a balanced approach to budget allocation to ensure both welfare and sustainable development.

The statements by Basavaraj Bommai reflect the growing scrutiny of the state budget and raise important questions about the allocation of funds and the government’s commitment to addressing crucial issues such as FDI, capital expenditure, and relief for farmers. These concerns underscore the significance of prudent financial management and strategic planning to drive the state’s progress.