Poll guarantees exerting significant pressure on Karnataka economy, says CM's economic adviser
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.
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.
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