Karnataka to drop old schemes to fund projects Congress promised in manifesto
The government in Karnataka is planning to drop existing schemes and increase borrowings to fund the party’s poll guarantees. The state aims to generate over ₹8,000 crore through consolidation of schemes and borrow up to 3% of its gross state domestic product. By dropping and merging old schemes, the government estimates that ₹8,000-9,000 crore can be saved.
