Karnataka Gears Up For Political Showdown Over Cuts In Tax Devolution

Will impact state economy, says Siddaramaiah; State lost Rs 53,359 crore over 7 years

- EXPRESS NEWS SERVICE @Bengaluru

A massive political storm has erupted over the NDA government's alleged attempt to cut the states' share of tax revenue from 41 per cent to 40 per cent. Karnataka Chief Minister Siddaramaiah, who is getting ready to present his 16th budget next week, lashed out at the Centre, calling it an "unfair anti-federal" move that could cripple state finances and hinder governance.

"This is nothing but an outright assault on states' rights. The Central government is treating Karnataka and other states like its subordinates, pushing them into economic desperation and dependence," Siddaramaiah thundered. "If our appeals fall on deaf ears, we are prepared to fight democratically, and even take to the streets..."