From The Federal
Owned by New Generation Media Corporation Pvt. Ltd.Karnataka misrepresenting Metro funding share; Centre contributes 54%: Tejasvi Surya
What's behind this
According to a statement reported by The Federal, MP Tejasvi Surya alleges that Karnataka is misrepresenting the share of funding for the metro by counting Centre‑guaranteed foreign loans as its own contribution, and says the Centre is actually providing 54 % of the funds. In a separate claim reported by Deccan Chronicle ahead of the Prime Minister’s visit, Priyank Kharge says the state is shouldering nearly 84 % of the metro’s financing, including land acquisition and legal costs, while the Centre’s share is about 16 %.
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RSS excerpt
Tejasvi Surya accuses the state government of counting Centre-guaranteed foreign loans as its own contribution