The budget presented by CM Siddaramaiah lacks commitment and direction. This is a hopeless budget on all fronts and there is no vision for development of the state contrary to what was claimed by Congress leaders.
This budget lacks foresight, fails to instil confidence in the public and has no new initiatives to address the needs of farmers, women, poor, youth, and industry. It is only decorated with empty slogans and fancy titles.
In Siddaramaiah’s first term Karnataka’s debt rose from Rs 1,39,000 cr to Rs. 2,86,790 cr in just 5 yrs. The annual interest burden on the state shot up from Rs 8,500 cr to Rs.16,208 cr leaving a debt burden of Rs 44,000 on every citizen. His second term is also pushing the state into a debt crisis.
Misusing budget speech for political mudslinging is an insult to the constitutional mandate of the government. The shameless act of using budget speech to blame the central govt exposes Congress party’s existential crisis and reflects Congress’ sheer desperation to somehow paint a bad picture of Modi Government ahead of Lok Sabha polls.
