Wednesday, Mar 19 2025 | Time 08:15 Hrs(IST)
States » SouthPosted at: Mar 18 2025 11:04PM


Karnataka’s inflation highest in India: Vijayendra

Bengaluru, Mar 18 (UNI) Karnataka BJP State President Vijayendra Yediyurappa on Tuesday warned that the state's total debt is projected to surpass ₹9 lakh crore by 2027-28, with interest payments alone exceeding ₹60,000 crore.
He further highlighted that Karnataka currently has the highest inflation rate in the country at 5.03 per cent, far above Maharashtra (3.39 per cent), Andhra Pradesh (4.02 per cent), and Gujarat (3.88 per cent).
Speaking in the Legislative Assembly, Vijayendra criticised the Congress government for its failure to implement measures to curb the mounting debt and highlighted the alarming financial trajectory the state is on.
He pointed out that 80 per cent of the state budget is allocated to committed expenditures, leaving minimal resources for developmental projects. He warned that by the end of the 2025-26 financial year, the state government will be burdened with an interest payment of ₹45,600 crore.
Regarding economic growth, Vijayendra observed a sharp decline in Karnataka’s GDP growth rate. Under the previous BJP government in 2022-23, the state’s GDP growth was 14.2 per cent. However, under the Congress regime in 2023-24, it has fallen to 9.6 per cent, raising concerns about the state's economic slowdown and stagnation in industrial progress.
The BJP leader also criticised the state budget, stating that it has failed to address the concerns of various sections of society, including farmers, the poor, women, and youth. He accused the Congress government of neglecting priority sectors such as education and healthcare, further aggravating the state's financial deficits.
Additionally, Vijayendra pointed out that the budget does not provide adequate support to working class communities, including Madivala, Savita Samaj, weavers, and Vishwakarma communities. He accused the Congress government of betraying these communities despite coming to power under the "Ahinda" banner, which represents backward classes, Dalits, and minorities.
He urged the state government to take immediate corrective measures to stabilise Karnataka’s financial health and prioritise economic development over populist schemes. UNI BDN SSP
Tags: #Karnataka’s inflation highest in India: Vijayendra
More News
India born Sunita Williams returns safely to earth from ISS after 9 months

India born Sunita Williams returns safely to earth from ISS after 9 months

19 Mar 2025 | 7:52 AM

Chennai, Mar 18 (UNI) Millions, nay crores of prayers from across the world,
including India, were answered as India born NASA Astronaut Sunita Williams
returned safely from International Space Station (SS) off Florida coast using
four parachutes after being held up for nine months on Wednesday morning.

see more..

F L A S H 2

19 Mar 2025 | 3:31 AM

THE SPLASHDOWN TOOK PLACE AS SCHEDULED AT 0327 HRS (IST)
AFTER THE FOUR PARACHUTES OPENED UP ENSURING A SAFE LANDING
OFF FLORIDA COAST.

see more..

F L A S H

19 Mar 2025 | 3:29 AM

AFTER 9 MONTHS, INDIA BORN SUNITA WILLIAMS AND 3 OTHER ASTRONAUTS LANDS
SAFELY FROM NASA ISS.

see more..

Kerala: Woman killed, her parents injured in brutal attack by her husband

19 Mar 2025 | 1:59 AM

Kozhikode, Mar 18 (UNI) A young woman hacked to death and parents suffered stab injuries in the alleged attack of her husband at their house at Engapuzha Kakkad near Thamarassery, on Tuesday.

see more..

One killed as cabin of giant wheel crashes

19 Mar 2025 | 1:54 AM

Vijayawada, Mar 18 (UNI) In a freak incident, one person was killed, and another was seriously injured after the cabin of a giant wheel suddenly fell off while in motion at Penuganchiprolu village near here on Tuesday.

see more..