No funds for development due to guarantees: CM's advisor

The Congress MLA from Yelburga in Koppal was speaking at a farmers’ meeting after launching work at a lake at Mangaluru village in his Assembly segment

PTI

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  • Chief Minister Siddaramaiah's economic advisor Basavaraj Rayareddi

Bengaluru, 12 July


Chief Minister Siddaramaiah's economic advisor Basavaraj Rayareddi has said that huge allocations to the five guarantees of the state government have made it difficult to get funds for developmental works.


The Congress MLA from Yelburga in Koppal was speaking at a farmers’ meeting after launching work at a lake at Mangaluru village in his Assembly segment.


"The Chief Minister has made me his economic advisor, and as I interact with him daily, this money has come (for the lake project), or else it wouldn't have come...impossible. This is the only work that is happening in the entire state, because guarantees will itself finish things... Rs 60,000-Rs 65,000 crore we have to spend for it (guarantees). I know how difficult it is, internal finance" Rayareddi said.

 

Opposition BJP and JD(S) have been accusing the Congress government in the state of not taking up any developmental works, because of the large spending to fulfil the guarantees promised by the party during the Assembly elections.

 

Reacting to Rayareddi's claims, Deputy Chief Minister Shivakumar has said "There are no difficulties We will continue the guarantee schemes. We did not bring in guarantee schemes for votes, it was with an intention to improve the quality of lives of the people, who were suffering with price rise," Shivakumar said.

 

Siddaramaiah has set aside Rs 52,009 crore for his government's flagship five guarantee schemes in the current financial year. The five guarantee schemes are: Gruha Jyoti, Gruha Lakshmi, Anna Bhagya, YuvaNidhi and Shakti. -PTI

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