Fiscal Turmoil in Karnataka: Contractors Demand Overdue Payments

Opposition leader R Ashoka criticized the Karnataka government for failing to pay over Rs 37,000 crore to contractors, resulting in a planned protest. He accused the government of financial mismanagement and warned of economic repercussions if dues are not settled. Ashoka called for the release of pending payments.

In a heated critique on Sunday, Karnataka Assembly's Opposition Leader R Ashoka accused the state government of provoking a 'fiscal collapse' by failing to settle over Rs 37,000 crore worth of bills owed to public works contractors.

The Karnataka State Contractors Association plans a significant protest at Freedom Park, emphasizing the urgency of payment release. Ashoka alleged the Congress-led administration prioritizes publicity and political management over critical fiscal responsibilities.

He emphasized the dire situation of local contractors and workers affected by this delay, urging immediate governmental action to prevent further economic damage to Karnataka's development and integrity.