Both the house of the parliament have been at a logjam over Manipur violence since the monsoon session began on July 20. Amid the uproar and chaos, Rajya Sabha MP Lahar Singh on Wednesday raised questions on the schemes launched by the Karnataka government in the name of public welfare, saying that they are being given free of cost and affecting the state's finances.
Raising this issue in the House, Member of Parliament Lahar Singh said that after coming to power in Karnataka, the government has been distributing freebies which is affecting the budget of the state government. He said that in the future, the whole state will have to bear the brunt of these schemes, and this will slow down the pace of development of the Karnataka. He demanded in the House that attention should be paid to these decisions of the Karnataka government.
"I would like to draw the attention of the Government on a very important subject that has dire implications on the country's macroeconomic stability. The culture of announcing freebies competitively to win elections poses a great risk on the fiscal health of States," Mr Singh said in the house.
"In April 2023, the CAG of India said. 'While we understand the importance of subsidies to help the underprivileged, it is essential to transparently account for such subsidies and we require to distinguish between justifiable subsidies from freebies, which are not fiscally responsible'," he added.
Featured Video Of The Day
Donald Trump's First Speech After Assassination Bid
In Jaw-Dropping Video, 12-Foot Long King Cobra Rescued And Released In Karnataka Forest Explained: The Karnataka Quota Bill And Criticism Surrounding It Private Sector Quota Bill To Be Taken Up In Next Cabinet Meet: Karnataka Chief Minister Siddaramaiah Windows Computers Lead To 'Blue Screen Of Death' Due To CrowdStrike Error In 1st Statement After Outage, CrowdStrike CEO Says... Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down Woman Says Jindal Group Executive Groped Her On Flight, Naveen Jindal Reacts How World Scrambled To Deal With One Of The Biggest IT Crashes: 10 Points Fighting And Kisses: 5 Big Takeaways From Trump's Speech Track Latest News Live on NDTV.com and get news updates from India and around the world.