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
April 25,2020

Kalaburagi, Apr 25: In order to make people aware about the precautionary steps required to be taken in order to contain the spread of coronavirus, Muslim clerics here are making announcements from mosques after 'Azaan' urging people to follow the government guidelines to keep infection at bay.

Speaking to news agency, Ateeq Ur Rahman Ashrafi, All India Imams Council Karnataka's state president, said, "Under our council, there are around 80 mosques and after Azaan we are spreading awareness about COVID-19. I also appeal to other mosques to make such announcements and follow government guidelines."

This year, due to the spread of the virus, Muslim clerics have requested people to offer prayers inside their homes and avoid any kind of social gathering.

The country is under lockdown till May 3. All religious places including mosques have been closed to stop the transmission of the highly contagious virus.

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News Network
April 10,2020

Kasaragod, Apr 10: Eleven people died so far in Kerala's northern district Kasargod as they could not access medical facilities in Mangaloru since the border roads were blocked by the Karnataka Government, Kerala Chief Minister Pinarayi Vijayan said.

Addressing a press conference at the Government Secretariat here, the Chief Minister said, "It is really unfortunate that people from Kasargod district in Kerala are still being denied treatment in hospitals at Mangalore in Karnataka State."

"We will improve the medical facilities in Kasargod and if necessary, patients will be airlifted to the neighbouring districts in Kerala to provide emergency medical assistance," he added.

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News Network
January 24,2020

Bengaluru, Jan 24: On the last day of his four-day trip to Davos, Switzerland, to attend the World Economic Forum, chief minister BS Yediyurappa urged the global business community to invest in cities other than Bengaluru in the state.

On Thursday, while extending an invitation to entrepreneurs to participate in the Global Investors Meet in November in Bengaluru, Yediyurappa highlighted the “conducive investment climate” in the state vis-a-vis others by pointing to its 7% growth rate which is much higher than the national average of below 5%.

He also pointed to the state’s rich history and the fact that it is home to a number of desi MNCs such as Infosys, Biocon Wipro and Dynamatics. “At the same time, the state has one of the lowest unemployment rates compared to the national average,” Yediyurappa said.

In his address to heads of businesses, industries minister Jagadish Shettar also urged investors to consider Tier 2 and 3 cities for investment. “Land banks have been created in Tier 2 and 3 cities and regional connectivity has improved. Let us strive to place Karnataka on a highgrowth path,” Shettar said.

Lending a “helping hand”, Union minister Piyush Goyal, in his address, appealed to the community to invest in Karnataka, which “has a robust and congenial industrial atmosphere”, but also urged them to spread “tentacles” to all parts of the country.

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