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.
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....