Mohandas Pai again criticizes state govt’s freebie policy

BENGALURU: Prominent businessman and investor Mohandas Pai has once again criticised the Karnataka government’s policy of freebies, stating that it has hindered the state’s development and led to a significant economic disparity between Karnataka and Tamil Nadu.

Pai took to social media to express his views, saying that the freebies have resulted in increased corruption, a lack of capital expenditure, and a huge debt burden. He also pointed out that the state’s revenue deficit has widened, and the lack of job opportunities has exacerbated the situation.

Karnataka growth has come down due to huge freebies by @CMofKarnataka @siddaramaiah Very high corruption, lack of capital expenditure, bigger debts, huge revenue deficits, borrowing financing freebies, lack of adequate good jobs, ignoring Bengaluru! Will our CM now make course… https://t.co/BV7WHXDTvb

— Mohandas Pai (@TVMohandasPai) December 12, 2025

Pai questioned whether the Chief Minister would rectify the situation and asked if the government would change its course. He expressed his disappointment, stating that Karnataka is experiencing poor governance and urged the authorities to change their approach and not compromise the state’s future.