Mohandas Pai criticizes Karnataka’s fiscal priorities: “Freebies have destroyed finances, stop blaming Centre”
Renowned entrepreneur and policy commentator T.V. Mohandas Pai has launched a scathing critique of the Karnataka government’s fiscal management, accusing it of prioritizing populist freebies over sustainable development. Speaking at a business forum in Bengaluru on October 5, 2025, Pai said the state’s financial health is deteriorating due to excessive welfare spending and urged the…