Facing a 12,000 crore shortfall, Karnataka’s govt is cutting down on borrowings. With nearly 90,000 crore spent on subsidies and guarantee schemes, the state\u2019s finances are strained. The government is tapping into cash-rich state boards and corporations to fund development and is implementing inter-corporate deposit schemes to support energy sectors and joint ventures for IT services facilities.<\/p>","protected":false},"excerpt":{"rendered":"
Facing a 12,000 crore shortfall, Karnataka’s govt is cutting down on borrowings. With nearly 90,000 crore spent on subsidies and guarantee schemes, the state\u2019s finances are strained. The government is tapping into cash-rich state boards and corporations to fund development and is implementing inter-corporate deposit schemes to support energy sectors and joint ventures for IT… Read More »Karnataka faces Rs 12,000cr shortfall, plans to cut borrowing, revise subsidies<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":5760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/5759"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=5759"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/5759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/5760"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=5759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=5759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=5759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}