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.
Comments
Shobakka may be told by mistake..!
its not weapon.. but bangles..
Shobha already got the used gun from Yedyurappa. Why she need one more gun ?
Yes. RSS required weapons because they are handicap without gun.
What we can say to this crap, nothing to wait. If a particular group is intending to play with INDIAN LAW and against our unity then it will know and called as TERRORIST GROUP.
Jai Hind
She dint find any powerful guns in the sanghis....ha ha....wrong place ....
she is talking about new weapon...
the one which she has became OLD now....
why she wants one more weapon?
Sangh parivar goondas are already getting secret training in using weapons and have enough stock of the weapons in their offices / godowns. This Shobakka is just trying to be innocent. If Govt allows RSS goondas to possess weapons, it should allow minorities and Dalits also to possess weapons to safeguard from RSS terrorists.
What a Handsome statement from a Beautiful Stefanie woman we can say a Keep, Overall why you demand, you are already holding weapons by your Criminal looter Carders. even though you are afraid of whom ?????
Shobakka you are a INDIAN Woman (Nari) at least get married mam.. simply Roaming with Yeddianna, he is very old not to you... then you have to look for some one, simply Barking like a mad dog, Madam get married and go for a family Life, If not you Peep, destroying our great culture of Hindustan !!!!!!! now you are enjoying different taste but later you regret yourself our great south Indian Mam, or you have to go to Thailand and Hide there like Narean sabb.
Jai Hoo Yeddianna.
When 60% of your chelas are protecting your criminal activities , Y cant they protect U .. Y do u fear for life...
Just learn to protect and love life of OTHERS , then U will not need to fear for your life.
Ask them to Join Indian Army .
What can we expect from these leaders more than this!
people should think now what's their agenda behind this!
Kill the innocent and gain the mileage.
Jobless Kerandlaje,,,
Do not ask weapons with police department, ask Yediyoorappa, he had gave you a lot in the past, and he will give you more if you need...LoL...
Government should also allow minorities to carry weapons....they are also victims of sangh pariwars.....
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