Terming the Karnataka government’s attack on the Centre on funding as “completely false and misleading”, Union Finance Minister Nirmala Sitharaman on Sunday said the devolution to the State and the Centre’s grants in aid had increased while GST compensation had been completely paid.
Providing data before the audience at a programme organised by Thinkers’ Forum here, she said the tax devolution under Prime Minister Narendra Modi government had increased by 258% or 3.5 times more than that during the UPA government and the Centre’s grants to Karnataka had increased by 273% or 3.7 times when compared with that during UPA government between 2004 and 2014.
“While in the period between 2004 and 2014, ₹81,795 crore had been released as part of tax devolution, ₹2.93 lakh crore has been released to Karnataka between 2014 and 2024. Similarly, grants in aid to Karnataka increased from ₹60,700 crore between 2004 and 2014, to ₹2.26 lakh crore between 2014 and 2024,” she said.
