Karnataka contractors seek release of Rs 38,000 cr pending bills; remind CM Shivakumar of 2-month promise
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In Karnataka, the debate on the state's financial situation is intense between the burden of drought and the Pancha Guarantee Scheme. The Finance Department has warned to increase the revenue source before announcing a new scheme. The state government is struggling due to lack of money to carry out various works. In the meantime, the Contractors Association has now demanded the release of the outstanding money.
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Karnataka contractors seek release of Rs 38,000 cr pending bills; remind CM Shivakumar of 2-month promise
Bengaluru, Sep 29 (SocialNews.XYZ) The Karnataka State Contractors’ Association on Tuesday has written to Chief Minister D.K. Shivakumar seeking the release of around Rs 38,000 crore in pending bills and expressing dissatisfaction over the delay in clearing payments. Association President R. Manjunath urged the Chief Minister to fulfil his assurance of clearing the pending bills within two months. The association recalled that Shivakumar had pro…
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