More cash was borrowed underneath BJP rule, claims Siddaramaiah


Chief Minister Siddaramaiah Picture Credit score: FILE PHOTO

Chief Minister Siddaramaiah has stated that in 4 years of its rule, the earlier BJP authorities borrowed ₹5,30,000 crore whereas the Congress authorities has taken ₹2,56,000 crore within the final three years.

The Chief Minister, who reached Davangere on Wednesday to canvass for the Congress candidate within the byelection for Davangere South Meeting Constituency, informed presspersons that when Prime Minister Narendra Modi got here to energy, there was a mortgage of ₹53.11 lakh crore on the nation and now, it has elevated to ₹218 lakh crore which clearly reveals that the BJP has raised extra loans at each the State and Central stage.

On the demand by BJP State president BY Vijayendra for White Paper on the State’s monetary place, he stated that an elaborate dialogue was already held on the difficulty in the course of the Price range Session and the State authorities has given an in depth reply.

“Whereas the GDP of the nation is 7.15, Karnataka’s GDP is 8.1. The State Price range outlay has elevated by 9.4% this yr and the State Price range is healthier than the Central Price range. Whereas Maharashtra tops the nation in GST assortment, Karnataka is within the second place. Even in attracting investments, Karnataka is in primary place. Regardless of all these, BJP leaders are making political assertion,” he stated.

On Congress being criticized for hovering costs by the BJP in its manifesto, the Chief Minister stated that earlier than Mr. Narendra Modi got here to energy, home LPG cyclinders had been made accessible to households at ₹414. Nonetheless, the worth has now reached near ₹1,000. Gasoline costs have been elevated by the Union authorities. Furthermore, in comparison with different States, the costs are comparatively much less in Karnataka, he stated.

“The State’s fiscal well being is powerful and it’s transferring forward within the path of progress. Beneath the 5 assure schemes, to this point, ₹1.35 lakh crore have been credited to the financial institution accounts of girls. In Davangere South constituency, ₹535 crore has been credited to beneficiaries of Gruhalaxmi scheme. When such great amount is being given to the folks immediately, saying the Exchequer is empty is ridiculous,” he stated.

Stating the falling rupee in opposition to the American greenback, he claimed that the event signifies the collapsing financial scenario of the nation underneath Mr. Modi.

Mr. Siddaramaiah stated that when in energy within the State, the BJP didn’t contribute in the direction of the event of Davangere and Bagalkot, whereas the Congress is dedicated to making sure improvement and can launch extra grants within the coming days.

“Amid the misinformation marketing campaign by the BJP, the Congress has triumphed within the earlier bypolls. The Congress even received within the constituency the place a former Chief Minister’s son contested,” he stated and added that now too, the folks will help the Congress.

To a question, he stated that Housing Minister Zameer Ahmed Khan will likely be collaborating within the election marketing campaign.