ZisNews - Breaking News & Updates

THe oppositeness BJP on wed attacked mysore Chief government minister Siddaramaiah o'er the state’s rising debt, calling him the “biggest borrowing CM”, citing reports indicating that the government is likely to borrow ₹93,000 crore in the fourth quarter, from January to March.The criticism came on the very day Siddaramaiah became the longest-serving Chief Minister of Karnataka. BJP Leader of Opposition in the Assembly, R Ashoka, accused the Congress government of “failing Karnataka” and said Siddaramaiah must understand that history judges the legacy left behind, not merely the time spent in office, news agency PTI reported. Also read| Karnataka govt weighs on crowd control measures for IPL matches in Bengaluru ahead of Cabinet meeting"Siddaramaiah is not the longest serving CM, but the biggest borrowing CM," Ashoka told PTI. “The Difference between a statistic and a legacy is — the title of the longest serving CM is merely a statistic. The title of the biggest borrowing CM is a legacy.” He added, “One of these will be forgotten, the other will be permanently remembered in Karnataka’s history books.”Highlighting the latest borrowing figures, Ashoka said, “ ₹93,000 crore borrowed in a single quarter - the biggest Q4 loan haul in India. This cannot be called governance; it is the very definition of panic-driven financial management.” He blamed the surge on a weakening fiscal structure, noting that the government is borrowing to repay previous loans, fund unsustainable guarantee schemes, and cover gaps caused by poor economic planning.Also read| Fadnavis blasts BJP leaders for alliance with Congress, vows strict action“When a government is forced to borrow an average of ₹31,000 crore every month just to stay afloat, it is not a sign of strength, but a clear indicator of fiscal stress,” he said. Ashoka warned that the government’s record would not be remembered for longevity, but for inefficiency and debt. “It will judge the track record of legacy left behind. And what is being left behind today is undeniable: mountain of debt, clear trail of inefficiency, and a mortgaged future, for the state of Karnataka,” he added.(With inputs from PTI)

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

‘Biggest borrowing CM': Karnataka BJP hits out at Siddaramaiah over ₹93,000 crore loan report

Global News Perspectives

Customizable News Feed

Like or Comment on News

Download the Android App

Diverse News Categories

Category News

Country News