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
Its all like a Drama.... nee Atta haage maadu.. naaa hodeda haage maduttene...
If you have real concern about Mangalore Minority, Please please please arrest him.. your own government your own administration.
Hello Kodichal bhai, why sou moto case ? Let the people know that You or your Congressmen doesn't have guts to register a case against him. Wear Bangles and sit at home, your prepoll planned press conference will not give any mileage. We all know you guys want bhatta or any other card to use it for your election purpose. Know one is dependent on Karnataka congress government. Also tell ministers in DK to wear saree and sit at home. Don't worry about Bhatta, we know how to deal with him and out to prevent communal harmony.
Haji Ibrahim Bhai.
Two years back same bhatta barked at Gurupura against Muslims, the same congress party is ruling karnataka... Until now no any action taken against him.
Youth congRSS president Mithun Rai shouted at Gurupura, in future if bhatta going to speak anywhere he will take hindu youngsters of congRSS to stop his speech. Where is now this mithun?
You congRSS people can fool all the muslims one time, not all the time.
We now understand what is congRSS, and what is BJP.
Stop drama.... arrest bhatta now and put him behind jail for long time. then only we can understand original congress is ruling karnataka.
dont give any press conference.
No use of making bow, bow ...... in the public....Bhatta is ready with Anticipatory bill.... Still you trust xxxxxx cong ....
Shame on you kodichal.
Your own party ruling the karnataka.
Don't do drama in front of the people. There is no need to announce openly to arrest Batta. Order police to arrest him and put into cell.
What a drama?? you congress people are best for drama only, you people are in power and you people begging with police, shame on you congress.. Congress cheating people only with statement. Muslims also blindly supporting these people. what a tragedy.
These useless leaders are joking their selves! When the people gave them power why to fear RSS??? Or Is RSS controlling Congress Leaders??? Next time please don't come to ask for vote by showing RSS fear!!! People of Dk understood the Reality.
Your own Siddramulla Khan is ruling Karnataka. prior to last election he had promised to take action against Bhat. now his partymen want advice from Bhat's pariwar.
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