Karnataka BJP Claims State Bankruptcy After Mandya Municipal Cheque Bounces

A cheque issued by the Mandya municipal corporation recently failed to clear, prompting concerns about the local body's cash flow. The bounced instrument has drawn political attention as the Bharatiya Janata Party (BJP) in Karnataka seized on the incident to question the state's fiscal health. Senior BJP leaders publicly declared that the bounce reflects a broader financial crisis, labeling Karnataka as effectively bankrupt. The party urged the state government to provide a detailed account of its finances and to take corrective measures. As of now, the Karnataka government has not issued an official response to the BJP's allegations, and the matter remains under scrutiny.