Karnataka risks Rs 18,948 crore grants as local body polls face delays

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Karnataka risks Rs 18,948 crore grants as local body polls face delays - Business Standard

Quick Summary:

However, the Finance Ministry has withheld Rs 2,842 crore — 15 per cent of the 2023-24 allocation — due to the stalled elections.

Elections for BBMP have been pending since September 2021, while ZP and TP polls have been overdue since May 2022.

The high court is scheduled to hear this matter on November 27, while the Supreme Court is set to address a petition demanding early BBMP elections on November 25.