2 months ago
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BJP State president B.Y. Vijayendra connected Thursday termed the State Budget for 2026–27 a “bundle of lies” and alleged that Chief Minister Siddaramaiah had pushed Karnataka into a indebtedness trap by proposing monolithic borrowings successful the adjacent fiscal year.
Participating successful the Budget treatment successful the Legislative Assembly, Mr. Vijayendra said Mr. Siddaramaiah would spell down successful the governmental past of the State arsenic the Chief Minister who resorted to maximum borrowings not for superior expenditure oregon infrastructure development, but to conscionable day-to-day expenses.
Mr. Siddaramaiah, helium said, had achieved a “hat-trick” by presenting a gross shortage of ₹22,957 crore for 2026-27, marking the 3rd consecutive twelvemonth of gross deficit. The fund proposes borrowings of ₹1.32 lakh crore, compared with ₹1.16 lakh crore successful 2025-26, thereby missing a “golden opportunity” to propulsion the State backmost from fiscal stress.
He claimed that the State’s full liabilities would transverse ₹8 lakh crore by the extremity of adjacent year, which would further summation the load of involvement payments.
Mr. Vijayendra further alleged that delays successful conducting elections to agrarian and municipality section bodies, including metropolis corporations successful Bengaluru, had resulted successful the State losing astir ₹20,000 crore allocated by the 15th Finance Commission for 2021-26.
“Except criticising the BJP-led authorities astatine the Centre, the Congress authorities successful Karnataka has done thing meaningful oregon factual successful presumption of developmental activities,” helium said.
He added that the Budget had “dashed the hopes of the people” and described it arsenic a “minority appeasement Budget” that neglected a ample conception of the population. By not filling vacant authorities posts, the authorities had saved ₹15,000 crore annually, but the nonaccomplishment to supply jobs had led to vexation among younker and protests, helium said.
