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
Your topic is outdated... people know your evil intention to make peaceful hindus and muslims fight each other..
It would be better for you to look Who is our CREATOR and how he wants our life to be lived rather than only creating evils in the society...
the word 'Hind' in arabic means 'India\.. in that context , what he said is correct.. all indian nationals are Hindu nationals , irrespective of their religion.. there is no religion named 'Hinduism\"
Name 'hinduism' term used by british for easy survey.. other than Muslims and christans, all others included under 'hindu' label."
Mr. Chaddi guru please shut up your mouth. Suggest to think at least 5 times before your speak
India does not belong to any communal group. Only freedom fighters and their alliance permitted to give any comments advise. chaddi desh drohi has no right to talk about HINDUSTAN.
Jai Hind!
Who r u to decide who is who?
If u go to Kerala and Tamilnadu they don't understand word Hindusthan....He He He....
So Modi slogan India First will change to Hindu First. Eventually it will turn to sangha first. Looks like he is on drug. RSS has accumulated and looted large sum of Indian money since Modi came to power. CBI has to investigate every RSS member account.
I dont find anything wrong in this . Ofcourse we can also be called Hindus .as Hindusim is not a religion , it is a way of life and people staying in a geographical area ..we Muslims have lot of tradition and culture imbibed by our hindu ancestors , dargah worhsip is also one among that ... we are hindus Mr Mohan bhagwath ... hindus or bharatiya is fine with me . you guys belongs to sanathan dharma ... we belong to islam .. but i strongly believe we are hindus ...
WHO IS THE HELL YOU TO DICIDE, YOU ARE A JUST TERRORIST GO AND FIGHT IN BORDER,
I am working is Gulf.... and every Indian here is called HINDI irrespective of which religion he belongs to... So what's a big deal...
By the way Hindu/Hindus is not the real name of the religion. It is called Sanathana Dharm... Unfortunately loads don't know this fact.
Hindu/Hindus is the name given by foreign invaders who came to India in the past.
Correct me if I am wrong
Which nationality his balls belong ???????????????????
Ajjer na posa raaga surand.......aklakulu benpunu aklakul thinpunu hindu aanda daane muslim aanda daane ? .ajjere jankle badhkare budle...chaddi nuppu korpujji....
Its Great to hear from him Mr. Bhagavat about Hinduism why he reminded only about Muslims( may be upcoming UP Election) why not Dalit and Cristians why he spared them from Hinduism by the way if you study the deep root of Hinduism you will never find its a religion its a practice of all culture and morals of the land called Hindustan those who were living in the bank of Sindh and mohanjedaro in the earlier centuries used to calls Hindus people. Now RSS want to re write the history of Mughal kings are may be called Hindu emperors the easy example like Akbar the great.
In the first place this person and his RSS supported British rule in India then what the hell is he knows about Hindu culture.....afterwards his party man killed Mahathma Gandhi....terrible people......but he does not have any right to teach Muslims what to do and what not to do.....Muslims know how to respect one another's religion and tradition....He should mind his own business....
Mohan Bhagwat should be an Indian and respect all Indians first. He should denounce statements from various sanghis on patriotism of non-Hindus. Mohan Bhagwat should respect Indian constitution and urge all the hate mongers to respect it.
Poor old man does not know what & who is a HINDU. It is nowhere mentioned in the so called scriptures they believe. After all the name HINDU was given by MUSLIMS. Pack of Jokers!!!
People live in France are called French
People live in Briton are called British
People live in Indonesia are called Indonesians.
This Sanghi have no idea at all what we call ourself?
Those live in India are called as Indians
Those live in Bharath are called as Bharatiya
Those live in Hindustan are called as Hindustani
Not all Hindus. But, we have a majority population who are Hindus.
Do not forget that all mankind born as Muslim... (Adam A.S)
Take time to study about Islam....
Add new comment