Bengaluru, Mar 6: In the face of unprecedented economic difficulties, Chief Minister B S Yediyurappa has chosen to hike the prices of fuel and liquor to fund development in his 2020-21 Budget, which tries to offer something for everybody with the available resources.
Yediyurappa announced a 3% hike in the rate of tax on petrol and diesel. This will result in the prices of petrol going up by Rs 1.60 per litre and diesel by Rs 1.59 per litre. This is expected to fetch the government Rs 1,500 crore.
By hiking additional excise duty on Indian Made Liquor (IML) by 6%, the government hopes to mop up Rs 1,200 crore.
In essence, Yediyurappa, the finance minister, pointed fingers at the Centre for the state’s fiscal woes. He said Karnataka’s share in Central taxes has come down this fiscal by Rs 8,887 crore. Plus, Rs 3,000 crore GST compensation will also be reduced as collections from the GST cess are not on expected lines, he said in his Budget speech.
“It has become difficult to reach the 2019-20 Budget targets due to these reasons. To manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, it has become inevitable this year to cut down the expenditure of many departments,” he said.
Under the 15th Finance Commission, Karnataka will see a reduction of Rs 11,215 crore in the state’s share of central taxes in 2020-21, Yediyurappa said. He also pointed out that expenditure on salaries, pensions and loan interest payments had risen by Rs 10,000 crore. “Serious difficulties are being faced in resource mobilisation efforts of the state. The state never faced economic difficulties of this magnitude in the previous years,” he said.
But in an attempt to please all, Yediyurappa made announcements across sectors and communities. Instead of the usual department-wise announcements, the CM chose to divide the Budget into six sectors: agriculture & allied activities; welfare & inclusive growth; stimulating economic growth; Bengaluru development; culture, heritage & natural resources and administrative reforms & public service delivery.
Farmers will get additional incentives under PM-KISAN costing Rs 2,600 crore and a waiver of interest on loans they have borrowed from cooperative banks worth Rs 466 crore.
The CM has earmarked Rs 500 crore to start work on the Kalasa-Banduri canals under the Mahadayi project. Also, Yediyurappa has given Rs 1,500 crore to commission the Yettinahole drinking water project.
This project will cater to the districts of Hassan, Chikkamagaluru, Tumakuru, Bengaluru Rural, Ramanagara, Chikkaballapur and Kolar.
For Bengaluru, the CM has made an allocation of Rs 8,772 crore. This includes Rs 500 crore for the suburban rail project, an electric bike taxi project and bus priority lanes.
Significantly, Yediyurappa has not made any allocation to mutts. However, the government will spend Rs 100 crore on the Anubhava Mantapa at Basavakalyan, Rs 66 crore for a 100 ft Kempegowda statue in Bengaluru and Rs 20 crore on a 325 ft statue of Basavanna at the Murugha Mutt in Chitradurga.
The CM has given Rs 305 crore for the development of various communities — Christians (Rs 200 crore), Upparas (Rs 10 crore), Vishwakarma (Rs 25 crore), Ambigara Chaudaiah (Rs 50 crore), Arya Vysya (Rs 10 crore) and Kumbara (Rs 10 crore).
Also, nearly 22.5 lakh government employees and their dependents will get cashless treatment facility for surgical treatment procedures at an estimated annual cost of Rs 50 crore under the Jyothi Sanjini scheme, the CM said.
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ye log muslim ko badnaami ke har koi moke nahi chodna chahte
Chakka saala.......narens and virens brother.....both are missing.
This is how these saffron goons attack temples and rape Hindu girls and blame it on muslims.....and some fools to react... they are attacking our nation in disguise......
Hopeless fellows. People Should be punished with this kind of mindse
Ththese kind of people make our countrys strength week. We shd all fight agnest these kind of idiots
HIJDA caught wearing burkha, may be an agenda of RSS
He is an FAH....
First of all this sangh parivar goonda should be punished heavily in such a way that he will do the mischief ever again. Secondly the gathering of muslim in the name of religious duty is not recommended. Allah will definitely punish those who go against Him. Maatam is not recommended in Island. Rather it is recommended to do good things and fast two days. People instead of following it correctly, are practicing unnecessary and unauthorized activities.
Sikandi Baba in action.. haha,.. may be like his leader he is also confused with his gender..
It seems that our Hindu Brother is very much attracted to the Burkha. May Allah bless him with Hidayath.
Whenever such incidents happens the Culprits are caught...
9/11 done by the zionist... daily YT exposes with more proof.
Godse done the same act of disguising as muslim and killing Gandhi but was identified in the same day.
Here one more cheddi got caught...
I now Wonder, if all the bomb blast were done by this same ENEMIES who change their identity to spread corruption in the land to keep the masses in fear.....and rule those who are unaware of the CREATOR of all that exists
When caught, they will definitely say he is mentally ill ..... This is the nature of those who worship the devils.
I feel pity on those hindus who still fall trap to these DECEIVERS..
It is not surprise. Sangha Pariwar is always doing these kinds of anti-human act.
There may be VHP/ ABVP protest in Mangalore over beating their brother.
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