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.
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Mohammed harish ... (16)
Point to be noted.. For long time people are in Darkness of this false story.. and many hindus are reading it and understanding the deception on this. and they even question.
if God cannot recognise his own son , then how can we accept him as God.
If God cannot fix with human head then how come we accept him as God.
If God cannot act aggressively with his own son, how can we accept him as God
Question to PONDER and know NA TASYA PRATIMA ASTI (There is no image of God) When VEDAS says it then people are mocking at God with such idiotic ideology which doesnt make sense... Please stay away from such ideology and Ponder on who is our CREATOR ... God will Guide those who are honest in their search.
May God help those who are HONEST to find the truth.
Please he his not god he is same like human being same like us.
we need to worship only one god. thats none other than allah. he is the creator all of us and entire world. you guys are worshiping stone. you know stone is created by god. we dont know how god looks. and yu guys celebrating ganesh chathurthi. i read about ganesh story parvathi the wife of shiva was getting ready for her bath and she needed someone to gaurd her. the young boy stand near entrance of the bathroom, while she was bathing shiva returned and was surprised to find little boy standing at the entrance. when shiva tried to enter. the little boy blocked his path. shiva asked who are you why are you blocking my path...? little boy answered no one enters bathroom my mother is taking her bath declared the boy boldly. shiva replied i have right to enter she is my wife . but young boy did not move but stood his ground. shiva not knowing that this was his own son , shiva who was quick anger grew enraged. little boy disobeyed shiva , he cut off the boy head. parvathi returning from her bath saw her son lying dead and overcome with grief. she was filled with both anger and sorrow.
shiva sent his soldiers to fetch the head of the first best they saw. the men rushed and finally come upon with elephant head. then shiva attached it onto the body of the little boy and gave him life once again . i have doubt in this story. y shiva dont know about his son.. is he born to shiva. why they fixed elephant head. why cant fix same human head. god god fighting. ha ha ha ha ha this is crazy. fully confused religion.
Its just an idol. Where is god. God is a creator not a creation.
The one who made the idol. He is more superior than the idol.
Quran says. Only the religion is acceptable is islam. No other religious book says so.
Muslims just deliver the message. They don't benefit anything. At the of end. They will be the loser.Only quran says earth is round. And finger print does not match with another finger.
Even zamzam water. Millions of people drink. It never felt short. Saudi is known for shortage of water. But zamzam water never dropped an inch.
Keep ur ego aside. Come to the true religion.
There is no Hindu God or Muslim God or Christian God or God for any other community...
God is ONE, Who created U ME and all that exists...
From Prophet ADAM to Ibrahim, to Moses to Jesus to Muhammad peace be upon them all are all the prophets of God who conveyed the one message to WORSHIP him alone and dont associate partners with him...
Search for TRUTH, If you are HONEST, U will find the TRUTH ... God's Guidance will reach YOU if U are HONEST and TRUTHFUL in searching for HIM...
Follow VEDAS (NA TASYA PRATIMA ASTI) rather than cheddis script...
(Temple & idols are made to oppose vedas)
U will be successful....
He reached his highest level, he does not need God, even if he teases God people accept it....God was there for him when he was zero....
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