Karnataka government reels under economic crunch owing to freebies: CM Siddaramaiah's economic advisor
August 11, 2026
  • Read Ecopy
  • Circulation
  • Advertise
  • Careers
  • About Us
  • Contact Us
Android AppiPhone AppArattai
Organiser
  • ‌
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Europe
    • North America
    • South America
    • Africa
    • Australia
  • Editorial
  • International
  • Opinion
  • RSS @ 100
  • More
    • Op Sindoor
    • Analysis
    • Sports
    • Defence
    • Politics
    • Business
    • Economy
    • Culture
    • Special Report
    • Sci & Tech
    • Entertainment
    • G20
    • Azadi Ka Amrit Mahotsav
    • Vocal4Local
    • Web Stories
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Law
    • Health
    • Obituary
  • Subscribe
    • Subscribe Print Edition
    • Subscribe Ecopy
    • Read Ecopy
  • ‌
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Europe
    • North America
    • South America
    • Africa
    • Australia
  • Editorial
  • International
  • Opinion
  • RSS @ 100
  • More
    • Op Sindoor
    • Analysis
    • Sports
    • Defence
    • Politics
    • Business
    • Economy
    • Culture
    • Special Report
    • Sci & Tech
    • Entertainment
    • G20
    • Azadi Ka Amrit Mahotsav
    • Vocal4Local
    • Web Stories
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Law
    • Health
    • Obituary
  • Subscribe
    • Subscribe Print Edition
    • Subscribe Ecopy
    • Read Ecopy
Organiser
  • Home
  • Bharat
  • World
  • Operation Sindoor
  • Editorial
  • Analysis
  • Opinion
  • Culture
  • Defence
  • International Edition
  • RSS @ 100
  • Magazine
  • Read Ecopy
Home Bharat

Karnataka government reels under economic crunch owing to freebies: CM Siddaramaiah’s economic advisor

Karnataks government's decision to reallocate funds from various sources to support the guarantee schemes has sparked a contentious debate about the balance between welfare initiatives and development projects

IndreshIndresh
Jul 11, 2024, 08:30 pm IST
inBharat, Karnataka
Follow on Google News
Congress MLA Basavaraj Rayareddy, Economic Advisor of Karnataka CM Siddaramaiah

Congress MLA Basavaraj Rayareddy, Economic Advisor of Karnataka CM Siddaramaiah

Facebook
Twitter
WhatsAppTelegramEmail

KOPPALA: The Siddaramaiah government has undertaken an exercise to allocate funds for five guarantee schemes, pulling from various sources to arrange and secure the necessary finances. This move has prompted criticism from the opposition BJP, which claims that development work in the state has stalled. These accusations seem to have gained credibility, as senior Congress MLA Basavaraj Rayareddy himself acknowledged the issue.

Speaking in Mangaluru village of Yalaburga taluk in Koppal district,  on Thursday, July 11 Rayareddy stated that most of the grants in Karnataka have been allocated to guarantee schemes. He revealed that the state needs to allocate sixty to sixty-five thousand crores annually for these schemes, leaving little to no funds for development projects. “Many are seeking funds for development in various areas, but there simply isn’t any money available,” Rayareddy said. He noted that as the Chief Minister’s financial adviser, he was able to secure grants for development works, but others are not as fortunate.

This admission by Rayareddy lends weight to the opposition’s claims that the state’s development work has come to a standstill. Leaders from the opposition JDS and BJP have been vocal in their criticism of the government’s guarantee schemes, arguing that the state’s coffers are being depleted by providing free benefits to the public. They also contend that funds earmarked for various departmental development projects are being diverted to these guarantee schemes, resulting in no significant development work being carried out. Opposition leaders have pointed out that no new projects have been initiated, and no foundation stones have been laid in the past year, highlighting a lack of progress.

The issue has been further compounded by reports that the Karnataka government has decided to utilize funds allocated under the Karnataka Scheduled Castes Sub-Plan (SCSP) and Tribes Sub-Plan (TSP) to implement the five guarantee schemes. The government plans to use Rs 14,730.53 crore from the SCSP and TSP allocations for these schemes. This has prompted the National Commission for Scheduled Tribes to issue a notice to the state government, requesting details about the use of SCSP and TSP funds for the guarantee schemes.

In response, opposition parties like the JDS and BJP have erupted in protest, arguing that using SC and ST grants for guarantee projects is inappropriate. They are gearing up for a major protest on July 15, calling for a demonstration at Freedom Park in Bengaluru and later planning to lay siege to the Vidhana Soudha. The controversy continues to escalate as the government and opposition grapple over the allocation of funds and the impact on the state’s development.

Topics: CM Siddaramaiah
Share9
Tweet
SendShareSend
✮ Subscribe Organiser YouTube Channel. ✮
✮ Join Organiser's WhatsApp channel for Nationalist views beyond the news. ✮
Previous News

India-Austria can cooperate in renewable energy, smart cities, and tourism sector

Next News

Protests erupt on sidelines of NATO Summit, urging to stop Chinese imperialism in Xinjiang region

Related News

(Left) Kerala Chief Minister Pinarayi (Right) Karnataka Chief Minister Siddaramaiah

Karnataka: CM Siddaramaiah warns Kerala govt against imposing Malayalam, seeks withdrawal of language bill

Karnataka: Siddaramaiah’s claim of breaking Devaraj Urs’ record is hollow; BJP leaders question achievement

Karnataka: Pralhad Joshi hits back at CM Siddaramaiah, defends ‘Make in India’ achievements

BJP leader R Ashoka

Karnataka: BJP leader R Ashoka criticises CM Siddaramaiah over loan write-offs and highlights UPA-era NPA mismanagement

Karnataka: Outrage erupts as GBA renames Kumaraswamy layout to Yarab Nagar, BJP slams ‘Appeasement Politics’

Karnataka Congress power tussle deepens as high command prepares to intervene in leadership row

Load More

Latest News

Indian Billionaire Gautam Adani

US Court dismisses criminal case against Gautam Adani, Judge questions Justice Department’s decision to drop charges

Young India: Know Thyself enters its 10th season

Colombia has reported at least 132 deaths and 570 injuries after a powerful magnitude 7.4 earthquake struck the country

Colombia Earthquake: At least 132 killed, 570 injured after powerful magnitude 7.4 quake strikes country

CM VD Satheeshan and arrested drug trafficking accused ( Image Courtesy- Janam TV)

Keralam: Janam TV claims close links between CM VD Satheeshan and arrested drug trafficking accused

Third-phase polling in four constituencies of Bagh and Haveli districts concluded amid heightened security

POJK Polls: Voting held in third phase on four seats in Bagh, Haveli districts of Poonch division

Route chart of Bastar Tiranga Yatra to be carried out from Narayanpur to Karregutta

Chhattisgarh: From Maoist Strongholds to National Pride — Bastar Tiranga Yatra to pass through former black flag zones

UGC asks HEIs to encourage students, faculty and industry to join University Townships Survey

University Townships Initiative: UGC urges HEIs to encourage participation in MyGov survey

: Christian Forum President Arun Pannalal arrested over offensive Shivling remark

Chhattisgarh: Christian Forum President Arun Pannalal arrested over offensive Shivling remark

On the 80th Independence Day of Bharat, for the first time Vande Mataram will echo from Red Fort

80th Independence Day: Red Fort to echo ‘Vande Mataram’ for 1st time, spotlight ‘Yuva Shakti’

Jharkhand Recruitment Scam: From paper leaks to ‘Family Jobs’—How an alleged exam syndicate put merit on sale

Load More
  • Privacy
  • Terms
  • Cookie Policy
  • Refund and Cancellation
  • Delivery and Shipping

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies

  • Home
  • Search Organiser
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Africa
    • North America
    • South America
    • Europe
    • Australia
  • Editorial
  • Operation Sindoor
  • Opinion
  • Analysis
  • Defence
  • Culture
  • Sports
  • Business
  • RSS @ 100
  • Entertainment
  • More ..
    • Sci & Tech
    • Vocal4Local
    • Special Report
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Health
    • Politics
    • Law
    • Economy
    • Obituary
  • Subscribe Magazine
  • Read Ecopy
  • Advertise
  • Circulation
  • Careers
  • About Us
  • Contact Us
  • Policies & Terms
    • Privacy Policy
    • Cookie Policy
    • Refund and Cancellation
    • Terms of Use

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies