Southern states deserve fairer share of national wealth based on earnings: Karnataka Chief Minister D.K. Shivakumar
Karnataka Chief Minister D.K. Shivakumar has called for a more equitable distribution of national resources, citing Karnataka's significant contribution to India's economy. He also expressed concern that aggressive investigative actions are negatively impacting the business environment.
Why it matters
The statement highlights the growing tension between state-level economic powerhouses and central government resource allocation and regulatory oversight.
Karnataka’s Chief Minister D.K. Shivakumar sought a fairer share of national resources for southern States, highlighting his State’s contribution to India’s economic growth, and cautioning that excessive enforcement action was driving some wealthy businesspersons out of the country.
On August 21, he inaugurated Samvada, a two-day conference organised by the Bengaluru branch of the Institute of Chartered Accountants of India (ICAI). Addressing the gathering, Mr. Shivakumar said southern India was playing a major role in national development and deserved an equitable share of resources.
“Karnataka is among the largest taxpayers in the country. If Maharashtra is kept aside, Karnataka is a major contributor,” he said, pointing to the State’s role in exports, GST collections, and India’s technology and innovation ecosystem.
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