📷 Image: Wikimedia Commons / Krishna Chaitanya Velaga
Politics
Karnataka Releases Rs 2,400 Crore to Contractors Amid Threat
✍️ The Times of India
🗓 03 Oct 2026, 09:33 AM
👁 9
The Karnataka government has cleared ₹2,400 crore owed to contractors after a threat of a legal challenge. The payments were released to avoid potential litigation.
The Karnataka government has announced the release of ₹2,400 crore in dues owed to contractors, following a threat of a legal challenge from the contractors’ association.
The payment, which covers pending invoices from infrastructure projects across the state, was cleared through the state’s finance department on Thursday.
Contractors said the move would prevent potential litigation and ensure continuity of ongoing projects.
The decision is expected to boost confidence among private firms and may set a precedent for timely payments by state authorities.
The payment, which covers pending invoices from infrastructure projects across the state, was cleared through the state’s finance department on Thursday.
Contractors said the move would prevent potential litigation and ensure continuity of ongoing projects.
The decision is expected to boost confidence among private firms and may set a precedent for timely payments by state authorities.