Karnataka’s Rs 12,000 Crore Shortfall: Government Plans Borrowing Cuts and Subsidy Revisions | Bengaluru News – Times of India
To address this, the government plans to tap into cash-rich state-run boards and corporations and invest in those needing funds instead of relying on external borrowings. BENGALURU: Staring at a 12,000 crore shortfall, plans are afoot to reduce the borrowing burden. In what is a telltale sign of a welfare state spending close to a…