Karnataka Frames Plan To Boost Economic Activities With Optimum Utilization Of Guarantees

Karnataka Frames Plan To Boost Economic Activities With Optimum Utilization Of Guarantees

Image: Shutterstock Thousands of crores of rupees have been allocated under the concept of universal basic income. The Karnataka government, which has given guarantees, is working on a number of strategies to boost economic activity. On the instructions of the Chief Minister, officials of various departments are working on a multi-dimensional plan. Many meetings have been held in this regard. Since this is a far-reaching project, the state government is treading cautiously.

The government is spending an estimated Rs 38,000 crore on guarantees this year. From next year, this amount will exceed Rs 50,000 crore. According to UBI, each BPL […]

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