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“ According to the budget, there were 103 committed expenditures but where was the capital for development? Nearly, 61 per cent of the earning goes towards expenses. Only ₹55000 crore had been earmarked for development as the rest would go towards repayment of the mounting debt. The government hiked stamp and registration, motor vehicle and excise tax, but the government borrowed ₹8000 crore . Despite a revenue of ₹13500 crore there was hardly any money for development. This year, the government has borrowed ₹1.5 lakh crore and of which only ₹1000 crore goes towards the capital expenditure and this was not at all sufficient for development. Already, the 7th pay commission had been constituted and that would require ₹20000 crore if it was implemented. No money has been earmarked for this…
Basavaraj Bommai,
BJP leader Basavaraj Bommai criticizes Karnataka state budget, warns…

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