DK Shivakumar Proposes Legislative Council Seat for Contractors Amidst ₹37,000 Cr Dues Dispute
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DK Shivakumar Proposes Legislative Council Seat for Contractors Amid ₹37,000 Cr Dues
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News18•06-03-2026, 22:35
DK Shivakumar Proposes Legislative Council Seat for Contractors Amid ₹37,000 Cr Dues
•Deputy CM D.K. Shivakumar suggests a dedicated Legislative Council seat for contractors, similar to teachers and graduates.
•Proposal comes amidst protests by Karnataka State Contractors’ Association over ₹37,000 crore in outstanding payments.
•Shivakumar revealed ₹13,000 crore in his department and ₹3,000 crore in Minister N.S. Boseraju’s portfolio are unpaid dues from the previous BJP government.
•Government is considering issuing bonds worth up to ₹50,000 crore to clear the massive debt backlog.
•Urged contractors to engage in direct dialogue, assuring commitment to finding a pragmatic financial solution.