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
Hindu leaders are afraid of their population going down as people following the true God.... then who will support their party? How will they gain votes....anyhow Islam is growing and growing as much People try to defame it.......can any mai ka laal can say no and prove it....
Why the BD, VHP RSS all these are not banned. They are openly making provocative speaches. Mr. Zakir Naik has never done provocative speaches. But the people like thogadia and many more are creating lot of tensions among people. This also should be equally done.
Allahumma Aizzal Islama wal Muslimeen, Wa azillal kufra wal kafireen,
Ya Allah protect the ummath of prophet Muhammad(P.B.U.H).And save us from the Kufr of the Kafiroon.
Still if we muslims don't get United they will ban Nikah,5 Times prayer, Zakath.
very good decision .. love u modi ...he supported bin laden .... he backed terrorism .. he encouraged love jihad.. bholo bharath mata ki jai... hara hara modi ... jai jai modi .
i heard that zakir naik followers are not celebrating their prophet birthday!!!!!!!
if they are not happy in their own religion then its better to ban all over the universe.. what you say guys?
After 9/11 many reverted to Islam, the same will happen now.
No evidence is produced so far, It is not possible because, he speaks very carefully the truth, that is also without hurting others.
This is their BIASED ruling, they can do anything. Now all specially Hindus will start studying ISLAM and will accept it.
In history many DECEIVERS had temporary happiness.. and they thought they have victory by using the power wrongly ... Time is running and it will end your power too and dont think this evil power will be for eternity...
We will see INSHAA ALLAH (God willing) how your evil power will collapse..
As expected, there is a hidden conspiracy behind it these people are thinking that they can prevent spreading of Islam by this type of drama, Allah need no organization to spread his deen,
ALLEGED terror activities... Still not proven and will never be proved..
\And the disbelievers planned, but Allah planned. Allah is the best of Planners\" Holy Quran: 3:54
I request entire believers not to be panic, everything is moving as per Allah's direction.
Please don't spread rumors, don't be a part of any unlawful activities, don't be panic. Please help the needy irrespective of caste and creed, give your best for the sake of Allah. Whoever does corruption on the face of earth for him a great torment of Allah is waiting. This is Allah's promise. Ya Allah protect your believing slaves from all types of tests & trials, give us patience, give us the strength to face the trials of this world, Aameen. Please make dua for entire believing brothers and sisters of this world."
Good move by government ... so many muslim brothers are saved from brainwashing NGO...
hopefully people will coordinate with government and stops funding this unlawfull NGO
don't worry Dr. Zakir naik Allah is with you. you are not first person who faced such acts of kaafir but take patience and keep trust.
May Allah subhana bless you and our prayer is with you
very sad part is without understanding anything our own religious people making fun of you and celebrating this as their victory..may Allah guide them
A very good decision from Namo.
This is one of the scripted hidden agenda of the communal govt. which was fabricated through Dhaka blast to reach this day. VHP and RSS are two giant terrorist organizations getting foreign funds to create instabilities still at large for years.
Insha Allah IRF will fight legal battle to overcome it.
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