Budget will push State into bankruptcy: Siddaramaiah
The Hindu
Leader of the Opposition Siddaramaiah on Monday termed the State Budget presented by Chief Minister B.S. Yediyurappa as an “unrealistic, anti-development one that would push the State towards bankruptcy in the coming years”.
Initiating the debate in the Legislative Assembly on the Budget, Mr. Siddaramaiah expressed fear that the State was being pushed to the brink of bankruptcy as the government had resorted to huge borrowings that had exceeded the allotted limit. “As against ₹1.06 lakh crore borrowed by our dispensation in five years from 2013 to 2018, Mr. Yediyurappa-led government has borrowed ₹1.41 lakh crore in the last two years alone,” he pointed out.
Former higher education minister C. N. Ashwath Narayana, who wanted to initiate a debate on the government’s move on closure of universities, and said closure of universities would lead to denial of opportunities for students to undertake higher studies.
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