FM Nirmala Sitaraman to Siddaramaiah: Is it ‘nyay’ to siphon off SC funds?

FM asked Siddaramaiah how the minister involved in the scam and he as chief minister, who holds the finance portfolio, did not stop the bank from illegally transferring money.
BJP state chief BY Vijayendra and party workers welcome Union Finance Minister Nirmala Sitharaman to the party office in Bengaluru on Sunday
BJP state chief BY Vijayendra and party workers welcome Union Finance Minister Nirmala Sitharaman to the party office in Bengaluru on Sunday Photo | Shashidhar Byrappa
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BENGALURU: Lashing out at Chief Minister Siddaramaiah, Union Finance Minister Nirmala Sitaraman on Sunday asked him whether it’s “nyay” (justice) to “siphon off” funds meant for the welfare of Scheduled Caste and Scheduled Tribe communities.

Sitaraman’s response came after media persons drew her attention to Siddaramaiah seeking her resignation as she as finance minister is responsible for the Union Bank of India officials who are allegedly involved in the Rs 187.33-crore scam in the Karnataka Maharshi Valmiki Schedule Tribe Development Corporation.

She clarified that she had already taken action against the accused bank officials and asked what action Siddaramaiah took on his part. “Action was taken against conniving bank officials and further action will be taken against them. No protection will be offered to them for sure,” she said.

Sitharaman accused Siddaramaiah of concealing facts and trying to pass the blame on to the central government because officials of a nationalised bank were involved. “They (Congress) talk about nyay during election campaigns. Is this nyay for SC and ST communities?” she said.

She asked Siddaramaiah how the minister involved in the scam and he as chief minister, who holds the finance portfolio, did not stop the bank from illegally transferring money.

“You denied the whole thing, your minister did not even resign. And regarding the money which has gone into private accounts, you go to the Assembly to say it’s not Rs 180 crore or Rs 140 crore, it’s only some Rs 80 crore. You are concealing it, sir. Such outrageous things are happening particularly with SC and ST funds,” the FM said.

‘Industries fleeing Karnataka’

Sitaraman claimed that because of the deteriorating law and order situation, industries are leaving Karnataka. “Because of the worsening law and order situation, industries are fretting and fleeing and I don’t want to name the companies,” she said.

She remarked that inflation has gone above the national average because of the hike in prices of fuel by Rs 3 and Rs 3.5 a litre, Rs 5 on milk, hike in property guidance value by 25-30 per cent, stamp duty charges by 200-500 per cent, vehicle registration fee by 3 per cent and additional life-time tax of 10 per cent imposed on electric vehicles. With no investment on capital expenditure, jobs were not being getting generated, she added.

Replying to Congress leader Rahul Gandhi’s remark that her budget was a copy of the Congress manifesto, Sitaraman said the schemes of the grand old party were “mere tokenism”. “We have not just announced internships for the youth, but are also imparting skills and ensuring jobs,” she said.

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