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
Dear Sangeeth, If U carefully reading your VEDAS which says God is ONE and there is no image of GOD. U will use your intellect to know Why VEDAS says so... ARE we worshiping lifeless objects? U will come to the conclution that there is only ONE GOD who has no image where VEDAS is speaking the TRUTH. Please Learn more U can also check thequranproject online.
Learn why Vedas mention NA TASYA PRATIMA ASTI - There is no image of God. Y are U worshipping lifeless objects ... She recognized the TRUTH... Now she need to inform her parents to contemplate on the message of VEDAS which says there is only one God and no image of him. Then U will know who needs justice.
I think Hadiya already understood and she is very intelligent to recognize the Cheddi deception of keeping the hindus away from the TRUE GOD.... in Hindu scriptures it is mentioned that there is no image or statue of God. NA TASYA PRATIMA ASTI... I request the NON muslims to ask with the HINDU scholars if there is no image of God in the scriptures why are V worshiping the stones, statues (which are lifeless) ? TRUE GOD ALLAH will guide those who are HONEST in looking for him who is worthy of Worship.
She accepted Islam after developing an interest in that particular religion while studying homeo medicine and living with Muslim roommates. Her marriage was happened later through a matrimonial site. Respecting their parents feeling, every individual has the freedom to accept any religion and also to decide their life partner. There is no element of love jihad as sanghis propagate.
#JusticeForHadiya #StopSaffronTerror
If it is not love jihad and their love is pure, why she got converted. He could tell her to stay in her religion and could have married her. Thier aim is different. not love. Its love jihad.
Have to wait what cheddi people will do next.
Love jihad.. Proper love jihad. Father must get justice. Court should give justice to her father.
Cant blame her father. We will tell secular things untill it happen to us. That father must have had lot of dreams of her marriage. Everything got spoiled, even after that also she got converted. A normal cant accept as being father
Hadiya's father is thinking as cheddi people
Add new comment