Karnataka Finance Dept Flags Cash Crunch Over Rs 10,000 Crore Road Plan

Karnataka's Finance Department has warned Chief Minister D K Shivakumar that funding new projects is difficult amid a revenue deficit and cash crunch. The note concerns his Rs 10,000 crore rural road scheme covering 15,000 km. The state has exhausted its 2026-27 borrowing capacity, while drought may add pressure on finances.