‘Modi is not ready to give Karnataka’s share in GST’
The Hindu
Siddaramaiah questions CM’s rationale of opting for a loan to balance finances of State
Holding Prime Minister Narendra Modi responsible for non-payment of Karnataka’s share in Goods and Services Tax (GST), Leader of Opposition in the Assembly Siddaramaiah demanded that Chief Minister Basavaraj Bommai put pressure on the Union Government to get the dues instead of resorting to loans.
“As per the arrangement, it is the duty of the Union Government to pay States’ share of GST. We [Karnataka] did not get our share in 2020, and even this year. States’ share in devolution of funds has been reduced from 4.72% in 14th Finance Commission to 3.64% in the 15th Finance Commission. The reduction will result in loss of ₹20,000 crore to Karnataka. Union Finance Minister Nirmala Sitharaman has rejected the special grant of ₹5,495 crore as recommended by the 15th Finance Commission,” Mr. Siddaramaiah said criticising the BJP parliamentarians from the State for not raising their voice against the injustice that the Union Government is meting out to Karnataka.
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