DKS: Wealthy Individuals Can Opt Out of Guarantee Schemes, Assures No Discontinuation

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DKS: Wealthy Individuals Can Opt Out of Guarantee Schemes, Assures No Discontinuation

Synopsis

Karnataka Deputy Chief Minister D.K. Shivakumar asserts that wealthy individuals may choose to opt out of state guarantee schemes without any repercussions, reaffirming that the government will continue all programs amidst ongoing discussions on misuse.

Key Takeaways

Wealthy individuals can voluntarily opt out of guarantee schemes.
The government will not discontinue any guarantee programs .
Concerns about misuse of funds for deceased beneficiaries are being addressed.
Significant development projects are planned despite the financial burden of guarantee schemes.
The state government is effectively managing these schemes amid criticisms.

Bengaluru, Feb 26 (NationPress) Karnataka's Deputy Chief Minister D.K. Shivakumar remarked on Thursday that there is nothing inappropriate if affluent individuals choose to voluntarily withdraw from the state's guarantee schemes. He emphasized that the government has no intention of discontinuing any of these programs.

Shivakumar was addressing questions from the media at Vidhana Soudha.

“It is perfectly acceptable for wealthy individuals to opt out of guarantee schemes voluntarily. We have received feedback from government employees and personnel in large IT firms indicating they do not require the benefits provided by these schemes,” he stated.

In response to rumors regarding the potential end of guarantee schemes, Shivakumar assured that there are no plans to terminate them under any circumstances.

“For instance, in certain cases, funds from guarantee schemes have been credited to the accounts of deceased beneficiaries. We are aware that ration rice is still being collected in the names of those who have passed away. However, this issue does not pertain to the Gruha Jyothi scheme,” he explained.

He pointed out that substantial amounts have been withdrawn in the names of deceased individuals and stressed the necessity to curb such misuse.

“The government is encountering challenges in identifying deceased beneficiaries, and discussions are ongoing about how to address this matter,” he added.

When questioned about comments from some ministers suggesting that wealthy individuals should forgo guarantee schemes, Shivakumar mentioned that certain beneficiaries have expressed their lack of need for these benefits.

“Some affluent individuals have indicated that they do not require these advantages, including the 200 units of free electricity. We are currently reviewing this situation,” he noted.

He urged the media not to misinterpret his comments.

“I have made it clear that no guarantee schemes will be terminated, regardless of the circumstances. Despite the challenges we face, we are committed to continuing these schemes,” he stated.

Shivakumar also dismissed claims that development projects were being hindered due to expenses related to guarantee schemes.

“In this budget, our government will unveil multiple development initiatives,” he added.

He further criticized the BJP-led central government for not providing adequate support to the state, while assuring that the state government is effectively managing the schemes.

“Approximately Rs 21 crore has been credited to the accounts of deceased female beneficiaries. We are currently investigating this issue,” he remarked.

“While guarantee schemes do impose a financial burden on the government, we have reiterated that we will not discontinue any of them, nor will there be any revisions,” Shivakumar concluded.

Point of View

Emphasizing the government's commitment to maintaining these programs while addressing concerns regarding their misuse. This approach highlights the balancing act between fiscal responsibility and the need for social safety nets.
NationPress
9 May 2026

Frequently Asked Questions

What did D.K. Shivakumar say about wealthy individuals and guarantee schemes?
He stated that wealthy individuals can voluntarily opt out of the guarantee schemes without any issues and confirmed that the government will continue all such programs.
Are there plans to discontinue guarantee schemes?
No, Shivakumar assured that there are no proposals to stop any guarantee schemes under any circumstances.
What issues are arising with the guarantee schemes?
Significant amounts have been credited to deceased beneficiaries, and there are concerns regarding the identification of these individuals.
What is the government's stance on development projects?
Shivakumar stated that the government will announce several development projects in the upcoming budget and that guarantee schemes are not hampering development.
How much money has been credited to deceased beneficiaries?
Approximately Rs 21 crore has been credited to the accounts of deceased women beneficiaries.
Nation Press
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