FM Sitharaman Asserts Full Disbursement of Dues to Karnataka

Amidst controversies, Sitharaman reaffirms Centre's timely allocation of funds, highlighting significant disbursements for Karnataka's development initiatives

New Delhi: Union finance minister Nirmala Sitharaman dismissed claims by the Karnataka government regarding the release of special grants to the tune of `5,495 crore by the Centre as recommended by the 15th Finance Commission.

Sitharaman stated that the finance commission's final report did not propose any such grant.
The statement follows Karnataka’s filing of a writ petition in the Supreme Court, urging the Centre to promptly release grants under the National Disaster Response Fund to address severe drought conditions in the state. During a discussion organised by Thinkers Forum in Jayanagar, Bengaluru, Sitharaman emphasised that every due penny to Karnataka had been provided on time, contrary to allegations of non-payment. She highlighted significant increases in tax devolution and grants-in-aid under the Modi government compared to the UPA regime, citing statistics. She urged the state government to verify facts before making misleading statements and acknowledged that Karnataka had got substantial interest-free loans from the Centre to develop infrastructure.

( Source : Deccan Chronicle with agency inputs )
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