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Politics
Karnataka CM DK Shivakumar says Trump is copying India's $5,000 dividend plan
✍️ Moneycontrol.com
🗓 15 Sep 2026, 03:31 AM
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Karnataka Chief Minister DK Shivakumar remarked that U.S. President Donald Trump is emulating India's proposed $5,000 dividend scheme, drawing a parallel between the two policies.
Karnataka Chief Minister DK Shivakumar publicly noted that President Donald Trump appears to be mirroring India's recently discussed $5,000 dividend proposal. The comment was made during a media interaction where the CM highlighted the similarity between the U.S. plan and the Indian scheme aimed at providing a cash benefit to citizens.
Shivakumar emphasized that the Indian initiative seeks to boost household incomes and stimulate consumption, and he suggested that the U.S. move reflects a comparable policy direction. He did not provide detailed comparisons but stressed that both governments are looking at direct cash transfers as a tool for economic support.
The Karnataka leader's statement comes as the Indian central government considers the feasibility of the dividend plan, while the United States has been debating a comparable $5,000 payout for eligible Americans. No official response from the White House was reported at the time of the remark.
Shivakumar emphasized that the Indian initiative seeks to boost household incomes and stimulate consumption, and he suggested that the U.S. move reflects a comparable policy direction. He did not provide detailed comparisons but stressed that both governments are looking at direct cash transfers as a tool for economic support.
The Karnataka leader's statement comes as the Indian central government considers the feasibility of the dividend plan, while the United States has been debating a comparable $5,000 payout for eligible Americans. No official response from the White House was reported at the time of the remark.