K'taka Falsified Prediction That Guarantees Lead To Fin Crisis: Guv

'State committed to principles of Union, raised voice when tenets of federalism compromised'

- EXPRESS NEWS SERVICE @ Bengaluru

KARNATAKA Governor Thaawarchand Gehlot said on Sunday that the state falsified the pessimistic prediction that the guarantee schemes will result in a financial crisis and stunt the development of the state.

In his Republic Day speech after unfurling the Tricolour at Manekshaw Parade Grounds in Bengaluru, he said, "Karnataka is striving hard to strengthen the most important ideals of social and economic justice laid down in the Constitution. The increasing economic inequality in the country has resulted in setbacks to social and economic justice. Understanding the hardships faced by the people, the Karnataka government has introduced 'Five Guarantee Schemes' for the welfare of the people and has successfully implemented them attracting the attention of the country... Karnataka has earned the distinction of being one of the best developing states in the country, while simultaneously achieving economic growth and social justice equally."