City
Epaper

K'taka govt's asset monetisation scheme aimed at benefiting real estate groups: Bommai

By IANS | Updated: June 18, 2024 21:45 IST

Gadag (Karnataka), June 18 The asset monetisation scheme of the Congress government in Karnataka is aimed at benefiting ...

Open in App

Gadag (Karnataka), June 18 The asset monetisation scheme of the Congress government in Karnataka is aimed at benefiting real estate groups, former Chief Minister and BJP MP from Gadag, Basavaraj Bommai, alleged on Tuesday.

Speaking to reporters here, Bommai said, "The Congress government is continuously burdening the poor and the common people. Last year, it increased stamp duty on property registration, motor vehicle tax, and milk and liquor prices. Recently, it hiked the prices of petrol and diesel which directly impacts the poor.

He also claimed that the Congress, which won the elections in the name of the poor, has betrayed them.

"Now, by planning to monetise assets, the Congress government has shown that it is completely bankrupt. When a family is in financial distress, it sells ancestral property as a last resort. Similarly, this government has reached its final stage.

"The government's plan to sell and monetise state assets is proof of the state's financial degradation. No previous government took such steps," the BJP MP said.

"No matter what the Chief Minister claims, it is impossible to hide the state's financial condition. Even in such a situation, the Congress government is betraying the state and its people by moving forward with such deals. A mass movement by the BJP against this is both necessary and inevitable," Bommai said.

He also claimed that the state government has already borrowed Rs 1.05 lakh crore and imposed a new tax burden of around Rs 20,000 crore on the poor people of the state.

"CM Siddaramaiah, who claims to be a financial expert having presented 15 budgets, has two economic advisors. But they are worth nothing," he said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketENG vs IND, 1st Test: Gautam Gambhir Set to Rejoin Team India in England on June 17 – Report

NationalAssam CM slams Congress over temple desecration row, alleges 'cheap thinking'

Cricket"We all should push for more Tests": Angelo Mathews reflects on Lack of Test cricket for Sri Lanka

NashikNashik Shocker: Woman Robbed of Mangalsutra and Phone by Estranged Husband in Pathardi

InternationalWorld Uyghur Congress marks 1988 protest anniversary, condemns China's ongoing transnational repression

National Realted Stories

NationalThis reflects India's rising stature on global stage: HM Shah on PM Modi getting Cyprus's highest civilian award

NationalSamrat Choudhary pitches Patna water metro, seeks boost to river transport and tourism

NationalTamil Nadu: Top cop arrested in abduction case on Madras HC order

NationalCommitted candidates with clean image should be preferred for Cong district presidents: Singh

NationalCM Stalin makes surprise visit to Thanjavur dispensary, reviews CM’s Pharmacy scheme