Bengaluru (Karnataka) [India], January 29 (ANI): Reacting sharply to the upcoming Union Budget 2026, Karnataka Minister MC Sudhakar accused the Centre of deceptive the general public and burdening state governments, alleging that funds dedicated underneath key schemes just like the Jal Jeevan Mission stay unpaid.
Speaking to the media, Sudhakar alleged that the Centre repeatedly declares new programmes within the title of cooperative federalism however later unilaterally decides funding shares and fails to reimburse states, leaving their funds in a grim situation.
‘Today, individuals are anticipating one other union funds, which… once more, they’re fooling the individuals of this nation… An enormous quantity underneath the Jal Jeevan Mission is due… I believe that is the usual means of dealing with issues underneath ‘cooperative federalism,’ the place they preserve asserting packages however then determine unilaterally how a lot the state governments should pay, whereas the Union Government decides on the proportion it’s going to cowl… Finally, they find yourself not reimbursing the state governments after committing to the work. This is going on with numerous schemes… they will preserve fooling, they usually preserve introducing quite a lot of new initiatives; they preserve altering the names… I do not know the place ‘Bharat’ is changing into ‘Viksit’… The monetary state of affairs appears to be very grim,’ the Karnataka Minister stated.
Meanwhile, Union Finance Minister Nirmala Sitharaman is ready to desk the Economic Survey 2025-26 within the Lok Sabha in the present day.
The Economic Survey doc, ready by the Economic Division of the Department of Economic Affairs within the Ministry of Finance and formulated underneath the supervision of the chief financial adviser, supplies insights into the state of the financial system and numerous indicators for 2025-26 (April-March), in addition to an outlook for the following fiscal.
The Budget Session commenced on Wednesday with President Droupadi Murmu’s tackle to each the Houses of the Parliament.
The Budget session will span 30 sittings over 65 days, concluding on April 2. The two Houses will adjourn for a recess on February 13 and reconvene on March 9 to allow the Standing Committees to look at the Demands for Grants of assorted ministries and departments. (ANI)