Siddu’s schemes affecting State’s finance: Kautilya Raghu

Siddu’s schemes affecting State’s finance: Kautilya Raghu

February 1, 2019

Mysuru:  Accusing former Chief Minister Siddharamaiah of rendering the State bankrupt by announcing populist schemes, BJP spokesperson Kautilya Raghu has urged Chief Minister H.D. Kumaraswamy to give priority for development projects in the upcoming State Budget.

Addressing a press conference here yesterday, Raghu,  maintaining that the numerous populist schemes announced for publicity by the previous Siddharamaiah Government had pushed the State into deep debts, said the schemes such as Anna Bhagya, Shaadi Bhagya, Ksheera Bhagya and Indira Canteens cost the State  thousands of crores of rupees.

Raghu said that State’s debt has increased to 2.5 lakh crore in 2017-18 as against Rs. 77,177 crore in 2009-10. The interest alone stood at Rs. 14,000 crore, he claimed.

Urging the CM to focus on addressing debt issues instead of announcing more schemes in next week’s budget, Raghu wanted the Government to focus on employment generation, development and establishment of industries, women empowerments and redressal of agrarian issues, among others besides asking the CM to take measures for repayment of loans.


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