My budget is well within fiscal discipline: CM Siddaramaiah
Mysuru (Karnataka) (PTI): Karnataka Chief Minister Siddaramaiah on Saturday rejected the BJP's criticism that the state budget was debt-driven and favoured only one section, asserting that the government has maintained fiscal discipline within the limits prescribed by law.
Siddaramaiah, who also holds finance portfolio, on Friday presented his record 17th budget in the Karnataka Assembly with an outlay of Rs 4.48 lakh crore.
Speaking to reporters, the chief minister defended the state's borrowing and said development cannot take place without raising funds while adhering to fiscal norms.
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"Let them say how much debt Prime Minister Narendra Modi led Centre has taken. Development cannot be achieved without borrowing," Siddaramaiah said.
He said the state government had remained within the limits set by the Fiscal Responsibility and Budget Management Act, 2003
"What does the Fiscal Responsibility Act say? It says the debt should be within 25 per cent of GDP (Gross Domestic Product). Our debt is 24.94 per cent. Is it within 25 per cent or more than that? Perhaps it would be good if they read the Fiscal Responsibility Act," he said.
Siddaramaiah also compared the state's fiscal indicators with those of the Union government and criticised the BJP leadership.
"Do you know how much debt the Centre has? Does Ashoka know? It is Rs 218 lakh crore. Do you know how much debt they have taken in 11 years after coming to power? Rs 165 lakh crore," he said, referring to Karnataka BJP leader R Ashoka.
He added that while the country's fiscal deficit stood at 4.4 per cent, Karnataka's fiscal deficit was within limits.
"Do you know what our fiscal deficit is? 2.95 per cent. That means it is within 3 per cent of GDP," the chief minister said, noting that Karnataka's gross domestic product was about Rs 33.5 lakh crore.
Rejecting allegations that the budget favoured only certain communities, Siddaramaiah said the government's focus was on inclusive development.
"We have worked to ensure social justice. We have worked to provide equal opportunities to everyone -- Scheduled Castes, Scheduled Tribes, backward classes, or minorities. A budget is meant for the development of the entire state," he said.
He also alleged that changes in the GST regime had affected the state's finances.
"Because the GST amendment was made and the system was nationalised, we lost about Rs 10,000 crore," he said, adding that scrapping the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has also made it difficult for the government.
Asked whether he would present two more budgets to reach a milestone of 19 budgets, Siddaramaiah said the decision rested with the party leadership.
"If the high command gives me the opportunity, I will present them," he said.
He added that he would abide by whatever decision the leadership of the Indian National Congress takes.
"Ultimately, the high command has to make a decision. If they ask me to step aside, I will step aside. If they ask me to continue, I will continue," the chief minister said.
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Inappropriate for MLAs seeking free IPL tickets, says D.K. Suresh
Bengaluru: Bengaluru Milk Union Ltd President D.K. Suresh on Monday said it is inappropriate for MLAs to seek free IPL tickets, adding that those interested in watching matches should pay for them personally.
Speaking to reporters near his residence in Sadashivanagar, he said, “IPL is a commercial tournament and does not represent the country. It is not right for public representatives to focus too much on such matters.”
Referring to the recent controversy during the RCB celebrations, he said, “let us find out who benefited the most from the statements made during the incident.” He also pointed out that BJP MLAs had received IPL tickets as well.
Responding to discussions about relocating the Chinnaswamy Stadium, Suresh said the government has already approved the construction of a new stadium at a location he had proposed.
“I had suggested building a stadium in Surya City and submitted a proposal for it. Bengaluru needs four stadiums in four directions to cater to its growing population and encourage youth participation in sports,” he said.
He noted that apart from Kanteerava Stadium, KSCA, and the Football Stadium, there are limited facilities in the city.
“When I was a Lok Sabha member, I had proposed allocating 100 acres in my constituency at Surya City. The land was later earmarked and the plan approved,” he added.
Suresh said he has discussed the project with Minister Zameer Ahmed Khan, Rajiv Gandhi Housing Corporation Chairman Shivalingegowda, and Anekal MLA Shivanna.
“The Cabinet has now approved the project, and a stadium will be developed on around 50–60 acres,” he said.
He further added that he has requested the Deputy Chief Minister to build another stadium at Shivarama Karanth Layout through the BDA, where 40 acres have been allocated. Plans are also being discussed to develop a well-equipped stadium in Bidadi.
Commending state government's recent bilingual policy move, Suresh said forcing children to learn three languages could affect their comprehension.
“It is a good decision to make two languages compulsory. Learning a third language should be left to the choice of students and parents,” he said.
Responding to criticism from BJP leaders, he said their tendency is to oppose every decision of the government.
“To please their central leadership, they take a pro-Hindi stance. Instead, they should advocate for the adoption of Kannada in all states,” he said.
When asked about the earlier three-language policy under Congress, he said, “the situation is different now. Today, the focus should be on quality learning. Kannada should remain the primary language, while students and parents can choose an additional language.”
