Karnataka Chief Minister Siddaramaiah blamed the BJP government at the Centre and Prime Minister Narendra Modi for the price rise in India that has hit the poor and the middle class.
Replying to the debate on the State budget in the Legislative Council on July 21, the Chief Minister said the economic policies adopted by Mr. Modi are mainly responsible for the price rise, and lives of people are becoming tough due to the impact of price rise.
“What is even worse is that money that has been taken away from the pockets of poor people is being given to the rich and corporates,” he alleged. He explained that Corporate Tax had been reduced from 30% to 22% by the Narendra Modi regime, which resulted in loss of revenue amounting to ₹2 lakh crore per annum for the Centre.
