India  

Poll guarantees exerting significant pressure on Karnataka economy, says CM's economic adviser

IndiaTimes Tuesday, 9 January 2024
Karnataka chief minister Siddaramaiah's newly appointed economic adviser Basavaraj Rayareddi has said that implementation of the Congress government's five poll guarantees is imposing a "huge financial burden" on the exchequer and exerting significant pressure on the state's economy. Rayareddi, a former minister and now a Congress MLA, made the comments before reporters last week but a video of the interaction went viral Tuesday. He quickly clarified that he had not spoken against the policy, merely stated the financial implications as adviser to the chief minister.
0
shares
ShareTweetSavePostSend
 
Video Credit: Wibbitz Top Stories - Published
News video: Global Economy on Track for Worst 5 Years of Growth in 3 Decades

Global Economy on Track for Worst 5 Years of Growth in 3 Decades 01:31

Global Economy on Track for , Worst 5 Years of Growth , in 3 Decades. The World Bank recently warned that the global economy is headed toward its worst half decade of growth in over 30 years. CNBC reports that global growth has been forecast to slow for the third consecutive year in 2024....

You Might Like


💡 newsR Knowledge: Other News Mentions

Siddaramaiah Siddaramaiah 22nd and current Chief minister of Karnataka since 2023

CBI likely to issue 'Blue Corner Notice' against Prajwal Revanna, SIT officials say

Karnataka chief minister Siddaramaiah held a crucial meeting with Special Investigation Team (SIT) officials regarding the alleged sex scandal involving Prajwal..
IndiaTimes

'Allowed Prajwal to escape': Amit Shah attacks Congress over delayed action on 'obscene videos' case

Amit Shah on Wednesday accused the Congress government in Karnataka of deliberately delaying action against suspended JD-S leader Prajwal Revanna in the obscene..
IndiaTimes

Union minister Meenakashi Lekhi dismisses Opposition's 'anti-incumbency' claims, says pro-BJP wave in India

Meenakshi Lekhi dismisses anti-incumbency claims, promotes pro-incumbency sentiment. BJP's strength and PM Modi's popularity emphasized. Siddaramaiah predicts..
IndiaTimes

Karnataka Karnataka State in southern India

Lok Sabha Elections 2024: From Amit Shah to Dimple Yadav, key battles to watch out for in Phase 3

All 26 constituencies in Gujarat are set for voting today. Meanwhile, the remaining 14 constituencies in Karnataka are also scheduled for polling
DNA

Pepper spray a 'dangerous weapon', says Karnataka HC

The petitioners were accused of attacking Randeep Das, a security guard employed by CKC & Sons showroom at Shivajinagar in Bengaluru, and some labourers working..
IndiaTimes

Foreign powers are trying to influence our polls, says PM Modi

“Foreign powers” are making an attempt to influence India's elections, but are doomed to fail, PM Modi said Monday. “I can see that there is an attempt by..
IndiaTimes

Karnataka CM Siddaramaiah defends SIT in sexual assault probe against MP Prajwal Revanna

Karnataka CM Siddaramaiah supports SIT investigation into sexual assault allegations against MP Prajwal Revanna, denies govt. interference. Urges central govt...
IndiaTimes

Indian National Congress Indian National Congress Indian political party

181 VCs & ex-VCs call for action against Rahul over 'falsehoods'

A group of 181 current and former vice chancellors (VCs) along with heads of regulatory authorities such as the AICTE have issued an open letter urging..
IndiaTimes

Congress shuns remark on Karkare, but Tharoor for probe

While Congress on Monday distanced itself from leader of opposition Vijay Wadettiwar’s statement that ATS chief Hemant Karkare was not killed by Ajmal Kasab..
IndiaTimes

ED nets Rs 30 crore+ from help of Jharkhand minister's secretary

Bundles of unaccounted cash tumbled out of the closet of the domestic help of Sanjeev Lal, the personal secretary of Congress legislature party leader and..
IndiaTimes

Related news from verified sources

'Ready to take any responsibility': YS Sharmila on joining Congress

YS Sharmila, who recently joined the Congress party, expressed her readiness to take on any responsibilities assigned by the high command, following her meeting...
IndiaTimes

Congress spooks MVA with invites for all 48 LS seats; talks still on: UBT

Congress invites aspirants for Lok Sabha seats in Maharashtra before finalizing seat-sharing formula with Maha Vikas Aghadi (MVA) constituents. Talks on...
IndiaTimes

Bharat Jodo Abhiyan to help Congress in polls

Bharat Jodo Abhiyan led by Congress is concentrating on 100 constituencies for the upcoming polls. Congress has instructed state units to appoint a point-person...
IndiaTimes