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Monday, October 6, 2025
TopicGuarantee scheme

Topic: guarantee scheme

CAG alarm on Congress’s Karnataka guarantees sparks debate. Economists point to long-term impact

Siddaramaiah govt borrowed Rs 63,000 cr to cover cost of its guarantee schemes and the deficits arising from them, CAG said about its findings on the fiscal year 2023-24.

In Karnataka, a growing chorus of Congress MLAs criticising guarantee schemes. ‘Impact on development’

Though Raghavendra Hitnal has backtracked on his remarks, Union minister HD Kumaraswamy was quick to launch a scathing attack on Siddaramaiah, accusing his govt of ‘unchecked loot’.

Karnataka looks to float power corporation bonds to raise funds amid revenue shortfall

This is part of a proposal to offset the burden of bankrolling the 5 guarantee schemes of the Siddaramaiah govt. Pilot project will be through Karnataka Power Transmission Corporation.

Credit guarantee helps banks take a chance on MSMEs but funding defaulters harms taxpayers

Since MSMEs are important for growth and employment, we need to understand the causes of the credit gap before increasing our reliance on policy interventions.

On Camera

Indian Left is obsessed with Latin America. Rahul Gandhi’s visit not surprising

If you are a trained ‘intellectual’ from JNU, Jadavpur, as well as TISS, then Latin America, its intellectual contributions, and its centrality in the worldwide fight against ugly capitalism are not to be downplayed.

Nodal officers to fast-tracking NOCs, Kerala govt’s heeding investor concerns, and it means business

As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.

Army chief’s big warning to Pakistan: Stop sponsoring terrorism if you want to exist geographically

Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.

How Pakistan thinks: Army for hire, ideology of convenience

Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.