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.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 2,2020

Mysuru, Jan 2: Mysuru-based Karnataka State Open University is gearing up to offer courses online from this year onwards and a proposal in this connection will be placed before the University Grants Commission (UGC) this month, after approval from the board of management.

As of now, the university offers 31 courses, including undergraduate, postgraduate, and diploma programmes.

Vice-chancellor Vidyashankar S Said that the university will submit its proposal to the UGC soon.

“This is being done to make learning convenient and help students study their courses of choices from the comfort of their homes.”

After launching online admissions for courses, this is another step to go paperless and towards an e-campus, the V-C explained.

The university has also proposed to launch 12 new courses for 2020-21.

A proposal in this regard will be placed before the board for approval on Thursday and the same will be submitted to the UGC for its nod.

Prof. Vidyashankar said the these courses will be in addition to the 31 already available.

The new courses include LLM, MA in Education, BBA, BSc, BCA, diploma in Information Technology, postgraduate diploma in Information Technology, BSc in Information Technology, MSc in Information Technology, MSc in Botany, PG diploma in Banking and Insurance, MSc in Zoology, MA in Telugu, Executive MBA, and MSc in Food Sciences and Nutrition.

The new courses had been proposed based on students’ feedback and the trend.

The V-C said the admissions for the January cycle have begun and over 380 students had so far taken admissions online.

“We are hoping for good admissions this cycle and are expecting around 12,000 admissions,” he replied.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
May 13,2020

Mangaluru, May 13: Dakshina Kannada today recorded its fourth death due to novel coronavirus.

The victim, identified by number P-536, is a 58-year-old woman from Boloor area of Manglauru. She was tested covid-19 positive on April 30. 

A patient with TB meningitis, the woman had been treated and discharged from Mangaluru’s First Neuro Hospital, which has emerged as covid-19 hub of coastal Karnataka.

In hospital she had reportedly come in contact with patient No 501 who worked as a sweeper in the same hospital. 

With this death, the number of active covid-19 cases reduced to 16 in Dakshina Kannada. The district has so far reported 34 covid-19 cases including four deaths. 14 have been discharged.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 15,2020

Bengaluru, Jun 15: Karnataka Chief Minister B S Yediyurappa on Monday laid the foundation stone for the construction of a Rs 220 crore airport project in his political bastion of Shivamogga, as he expressed confidence that it will give a boost to tourism, industries and economic activities in the region.

"The long cherished dream of people of Shivamogga about having an airport is finally becoming a reality.

The project that was planned when I was Deputy Chief Minister and Chief Minister in the past was shelved due to contractor issues and lack of interest by the governments that came later," Yediyurappa said.

Speaking at the foundation laying event for the airport, which he attended virtually via video conference, he said, now the government is once again taking up the project through infrastructure development and PWD departments.

The project to construct the well-equipped airport at Sogane in Shivamogga taluk at the cost of Rs 220 crore in about 662.38 acre land area has been initiated, he said, adding that the project will be taken up in two phases.

He expressed hope that it will be completed in a year's time.

The first phase consists of runway, taxiway, apron, approach road, peripheral road and compound wall construction, while the second phase consists of terminal building, ATC tower, fire station building, among others, a release said.

Noting that under the Udan scheme the project has been envisaged to provide affordable air travel to people, the Chief Minister expressed confidence about tourism, industries and economic activities in the region getting a boost, with the small airport coming up at Shivamogga.

He also directed officials to complete the airport work on time without compromising on the quality.

Highlighting various developmental works that is being implemented in Shivamogga, the district which is regarded as his political turf, Yediyurappa said, with the cooperation of the central government various railway projects have also been taken up in the district including Shivamogga- Shikaripura rail route.

Shikaripura is the constituency represented by the Chief Minister, while his son B Y Raghavendra represents Shimoga constituency in Lok Sabha.

Yediyurappa, who also inaugurated the divisional office of National Highway authority in the district, said a bridge project across river Sharavati at Singndur in Sagara taluk will be taken up.

Conceding that developmental work has taken a backseat due to the COVID-19 situation, the Chief Minister said the challenge is to overcome it and achieve development.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.