Chief Minister Siddaramaiah has failed to manage the economy of Karnataka, BJP MLC Pratap Simha Nayak alleged here on Thursday.
Addressing presspersons, he said that the State Gross Domestic Product (SGDP) of Karnataka under the Congress rule has for the first time fell below the national average of GDP. In 2021-22, the SGDP of Karnataka was at 9.8% while the country’s GDP stood at 9.1%. Karnataka’s SGDP stood at 8.1% while the country’s GDP was at 7.2% during 2022-23. But in 2023-24, the MLC said the State’s SGDP fell to 6.6% while the country’s GDP was at 7.3%.
“This indicates that Mr. Siddaramaiah, who boasts himself as an economic expert as he presented 15 State Budgets, has failed to manage the economy,” Mr. Nayak alleged.
