1, March, 2024
HomeIndiaFM Nirmala Sitharaman Responds to Accusations, Confirms No Pending Funds for Karnataka

FM Nirmala Sitharaman Responds to Accusations, Confirms No Pending Funds for Karnataka

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Union Finance Minister Nirmala Sitharaman refuted allegations of pending funds from the Central government to Karnataka, asserting that there are no outstanding amounts. Sitharaman clarified that the release of the National Disaster Response Fund (NDRF) for drought relief in the state is contingent upon the decision of a high-powered committee.

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Addressing the press, Sitharaman emphasized Prime Minister Narendra Modi’s understanding of states’ financial requisites, owing to his extensive tenure as Chief Minister. She refuted claims of delayed funds by highlighting the absence of factual basis in the allegations made against the Central government.

The Finance Minister stressed, “There’s nothing pending from our side for Karnataka. If the state doesn’t furnish the necessary paperwork, I can’t proceed with the release of funds without the Accountant General’s authorization.”

Regarding the NDRF release for drought relief, Sitharaman assured that the assessment team has submitted its report to the high-powered committee. Once recommended by the committee, the funds will be disbursed promptly, underscoring that the state is rightfully entitled to these funds.

Sitharaman also mentioned her efforts to aid North Karnataka farmers by engaging the ITC group to procure available stock, ensuring immediate financial support for the farmers.

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In addition to these statements, Sitharaman highlighted the success of ‘Jan Aushadi Kendras’ across the nation, affordable generic medicine stores that have significantly reduced medication costs for middle-class and lower-income families. She encouraged Bengaluru residents to support this initiative, emphasizing the substantial financial relief it provides to society’s economically weaker sections.

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