- विज्ञापन -
Bengaluru: Karnataka’s Home Minister G Parameshwara expressed his dissatisfaction with the Union Budget 2025, labeling it “unprogressive and disappointing.” In an interview, he pointed out that the budget failed to address critical needs for the state, despite numerous requests for funding in areas like housing for the underprivileged, irrigation projects, and educational infrastructure.
Parameshwara stated, “This is the most disappointing budget for Karnataka. We expected a better allocation than last time. We sought support for rural housing, irrigation initiatives, and additional funding for key projects like Upper Bhadra and Mekedatu, but none of these were addressed.” He also noted the lack of support for establishing IITs and IIMs, emphasizing Karnataka’s leadership in education in India.
He criticized the budget for neglecting the development of Bengaluru and pointed out that essential sectors like agriculture and industry have been overlooked. “The government has not adequately considered these issues. I cannot regard this as a progressive budget; it is very disappointing,” he added.
Meanwhile, the Congress party condemned the Union Budget 2025-26, accusing Finance Minister Nirmala Sitharaman of sticking to outdated approaches and ignoring the Chief Economic Advisor’s recommendations for deregulation. Former Finance Minister P Chidambaram remarked at a press conference that the economy would likely continue on a slow trajectory, achieving only 6 to 6.5 percent growth in 2025-26, far from the 8 percent growth rate needed for India to be considered a developed country. He criticized the government for lacking innovative ideas and the willingness to implement necessary reforms, recalling significant economic changes from 1991 and 2004. Chidambaram asserted that neither the Finance Minister nor the Prime Minister appears to heed the Chief Economic Advisor’s advice.
