Karnataka Faces Financial Deadlock As Debt Crosses Rs 2 Lakh Crore And Borrowing Window Closes

The Karnataka Congress Government is staring at a deepening financial crisis, caught between the enormous burden of its five guarantee schemes, dwindling revenue collections, and a borrowing ceiling that has now been exhausted. With no room left to raise additional loans for the next four years, the state faces a grim fiscal deadlock that could Continue reading Karnataka Faces Financial Deadlock As Debt Crosses Rs 2 Lakh Crore And Borrowing Window Closes The post Karnataka Faces Financial Deadlock As Debt Crosses Rs 2 Lakh Crore And Borrowing Window Closes appeared first on OurVoice | WeRIndia - Analysis & Opinion .