Amit Malviya – BJP leader:
Siddaramaiah, after assuming office, has been making absurd claims that the Center has denied Karnataka its dues.
It is nothing but an attempt to wriggle out of the 5 Guarantees Congress gave and now finds it impossible to implement, leading to a civil unrest kind of situation in the State.
Here are some facts on the fiscal transfers and financial aid from the Govt of India to Karnataka:
• During 2014-19, Tax Devolution (Net Proceeds of Union Taxes and Duties) from Govt of India to Karnataka has been ₹135,044 and increased by 148.26% compared to 2009-14 (UPA-II Govt). The Tax Devolution transfers made between 2014-19 are 2.5 times higher than that during 2009-14. It shows the commitment of Govt of India to strengthen Karnataka and help accelerate its capital and developmental expenditure.
• The figures for Tax Devolution will be even higher for 2019-24. Tax Devolution from 2019-2023 is already ₹1.20 lakh crore (as of 18May2023) and an additional ₹37,252 crore have been budgeted for release in the current financial year 2023-24. The total Tax Devolution will be ₹1.57 lakh crore in 5 years (2019-24), which is the highest-ever devolution.
• At the end of the 10 years of the Modi Govt the total ‘Tax devolution’ would be at ₹292,789 crores (including FY 2023-24 estimated devolution).
Now Grants in Aid
• ‘Grants-in-Aid’ from 2014-19 have been ₹91,374 crores and have increased by 129.42% from ₹39,828 crores during 2009-14 (UPA-II Govt). The Grants in Aid from Govt of India to Karnataka between 2014-19 is 2.3 times higher than that during 2009-14.
• The figures for ‘Grants in Aid’ from Govt of India to Karnataka will even be higher for 2019-24. ₹1.17 lakh crore has already been transferred from 2019 to 2023. Additional Grants in Aid of ₹18,005 crore has been budgeted for release in the current financial year 2023-24. The total Grants in Aid from 2019 will be more than 3 times higher (240% higher) than 2009-14 (UPA-II) and will be approximately ₹1.35 lakh crore.
• At the end of the 10 years of Modi Govt, the total ‘Grants in Aid’ would be at ₹226,837 crores (including FY 2023-24 budgeted devolution). In addition, a sum total of ₹4,155 crores have been released as 50 Year Interest-Free loan, to Karnataka from FY 2020-21, under Special Assistance to States for Capital Expenditure. Apart from this ₹3,647 crores has been budgeted under this scheme for FY 2023-24. Not just the tax devolution, Centre has gone beyond to provide additional financial assistance to Karnataka.
• GST loan has been sanctioned for 18,109 crore in addition to a GST component of ₹7,158 crore.
• It is only because of financial assistance given by the Center, including ₹3,840 crore to RTCs, ₹350 crore grant for Bengaluru Suburban Railway, ₹1,490 crore for railway projects, Karnataka saw remarkable development in the last 4 years.
Finally, the figure of ₹5,495 crore, that Siddaramaiah is quoting from the interim report of the 15th Finance Commission, was non binding and had not been accepted.
Some one who is a second term CM and has presumably presented several state budgets should know…