HDK’s maiden budget announces farm loan waiver, increase in tax on fuel

coastaldigest.com web desk
July 5, 2018

Bengaluru, Jul 5: Karnataka Chief Minister H.D. Kumaraswamy is now presenting the Congress-JDS coalition government’s maiden budget. Here are the live updates:

16% of budget set aside for loan waiver

Kumaraswamy starts his budget speech at Vidhana Soudha. He announces formation of a farmers' consultation committee comprising of progressive farmers. He allocates ₹50 crore for a zero budget natural farming on the lines of Andhra Pradesh.

The focus, he says, will be on making on farming productive and ensure good prices.

Total budget size is ₹2.13 lakh crore, of which ₹34,000 crore will be set aside for the loan waiver in the budget, says the CM.

Fuel prices to go up

Kumaraswamy has included a host of tax hikes in the budget, which he has argued as necessary steps to “augment resource mobilisation” towards fulfilling the promise of loan waiver to farmers.

The budget has increased rate of tax on petrol from the present 30% to 32%, hiking petrol prices in the State by ₹1.14 per litre and rate of tax on diesel from the present 19% to 21% hiking its price by ₹1.12 per litre.

The Chief Minister said even with this hike the prices of petrol and diesel would be lower in Karnataka when compared to the neighbouring States.

School reforms

The Chief Minister also announces a package for repair of schools. He announces starting English medium government schools.

About 48,000 schools will have biometrics, within 3 years, to monitor teachers and students. And 1,000 Government schools to have English medium sections, Mr. Kumaraswamy says.

Arounf 8,530 schools that have low enrollment will be merged with schools within a kilometre. Sports will be introduced as a subject in higher education classes.

A university for sports to be set up in Tumakuru and a Homeland Security University will come up in Shivamogga. Rs. three crore has been set aside for a tourism university at Hampi on PPP model.

Overall, education department gets over ₹26,800 crore, 11% increase from February budget.

'Mathrushri scheme' for pregnant women

The CM announced a new scheme, named 'Mathrushri', to transfer money directly to the bank accounts of pregnant women from BPL families. ₹350 crore will be set aside for the same and it will be implemented from November 1.

Meanwhile, Anna Bhagya, the flashing scheme of former Chief Minister Siddaramaiah, gets a cut. The provision for 7 kg free rice has been reduced to 5 kg.

He also announced ₹25 crore for various religious institutions in the State, spread across castes.

More details are awaited

Comments

Suresh
 - 
Thursday, 5 Jul 2018

Loan waiving is big thing. Will see whether they can make practical or just in papers

Ibrahim
 - 
Thursday, 5 Jul 2018

HDK offering more burden to people by hiking fuel tax

Shahir
 - 
Thursday, 5 Jul 2018

English medium govt seems to be good plan but along with tha should promote Kannada and Kannanda should be compulsory

Kumar
 - 
Thursday, 5 Jul 2018

Instead of tax on oil will be double attack on people. Modi govt increasing by weekily.

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News Network
January 25,2020

Udupi, Jan 25: Mangalore International Airport (MIA) culprit Aditya Rao has revealed that after placing the explosive device he went to Malpe and made threat call of placing bomb in the Indigo flight.

Rao, who is in police custody, on Saturday, was brought to Malpe under tight security by the investigating officer ACP Belliyappa for spot investigation. On January 20, Aditya had come to the Mangaluru airport and planted an explosive device before going to Malpe and made a threat call about placing a bomb in the Indigo flight. He was just a couple of kilometers away from the Malpe police station while making the call.

Sitting outside an egg selling shop which opens only after 6:00 pm, Aditya had called the Airport and informed that a bomb was placed in the Indigo flight. Later he destroyed the sim card and left to Bengaluru to surrender.

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News Network
May 9,2020

Bengaluru, May 9: The bar owners in Karnataka, while welcoming the state government's decision to allow takeaway sales of liquor, said that the move is not going to benefit them much.

Venkatesh Babu, a Bengaluru-based bar owner said, "We welcome this move, our bar was closed for two months due to coronavirus crisis. We have been facing losses since then."

"The state government has told us to sell our stocks at maximum retail price (MRP). It is difficult for us to manage as the rent is high and we also have to pay salaries," he added.

The owner of Pingara Bar and Restaurant, Shivamogga said, "The government has said that is for parcel only and that too at MRP. There is no benefit to our business. We are only clearing the existing stock. They have given us time till May 17 and are not even giving us fresh stock. We are only allowed to sell what we have already."

Karnataka government in its Friday order allowed restaurants, pubs and bars to sell liquor at retail prices from May 9 till May 17, the day the third phase of lockdown is slated to end.

Earlier, the government had allowed the opening of liquor shops in order to mobilise revenue.

However, bars, pubs, restaurants were ordered to remain closed amid the COVID-19 lockdown.

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News Network
February 14,2020

Bengaluru, Feb 14: After the swearing-in of ten former JDS and Congress MLAs, political boundaries seem to have become more fluid, with little clarity on who is on whose side. When Honnali BJP MLA Renukacharya visited senior Congressman DK Shivakumar at the latter’s residence, many eyebrows were raised over the reason behind the meeting. There was speculation over why Renukacharya would be meeting a man who is, in all likelihood, slated to be the next KPCC president.

Renukacharya reacted to the rumours by making the meet sound purely professional. He said, “We have a three-day Krushi Sammlan in Honnali, and I went to invite him (DKS) for it.’’   Shivakumar also remained tight-lipped over the real reason behind the meeting, and corroborated Renukacharya’s story. However, insiders claim that the two discussed other issues too. It may be recalled that Renukacharya had openly rebelled against Yediyurappa in 2009.

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