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Politics
Karnataka CM Shivakumar signals positive outcome on pending central grants after GST Council meeting
✍️ The Economic Times
🗓 10 Oct 2026, 02:02 AM
👁 25
Chief Minister K. Shivakumar hinted that the state may receive pending central grants following the recent GST Council meeting, raising expectations among officials.
Karnataka Chief Minister K. Shivakumar told reporters that the state is likely to receive "good news" regarding several central grants that have been pending for months. The comment came shortly after the GST Council concluded its latest meeting, where discussions on revenue sharing and fiscal devolution were on the agenda.
Shivakumar said the council's deliberations have paved the way for the Centre to clear outstanding allocations to Karnataka, though he did not disclose exact figures or timelines. State officials have been awaiting the release of funds earmarked for infrastructure, health and education projects.
The Karnataka government has repeatedly urged the Union Finance Ministry to expedite the disbursement, arguing that delayed funds hinder the state's development plans. The CM's remarks are expected to be followed by a formal communication from the state finance department once the Centre confirms the grant details.
Analysts note that any acceleration in central transfers could bolster Karnataka's fiscal position ahead of the upcoming state budget, while also easing cash‑flow pressures on ongoing welfare schemes.
Shivakumar said the council's deliberations have paved the way for the Centre to clear outstanding allocations to Karnataka, though he did not disclose exact figures or timelines. State officials have been awaiting the release of funds earmarked for infrastructure, health and education projects.
The Karnataka government has repeatedly urged the Union Finance Ministry to expedite the disbursement, arguing that delayed funds hinder the state's development plans. The CM's remarks are expected to be followed by a formal communication from the state finance department once the Centre confirms the grant details.
Analysts note that any acceleration in central transfers could bolster Karnataka's fiscal position ahead of the upcoming state budget, while also easing cash‑flow pressures on ongoing welfare schemes.