Bengaluru, Jan 6: Chief minister BS Yediyurappa has plenty on his plate ahead of the 2020-21 state budget to be presented on March 5 what with the economic slowdown and a sizeable shortfall in revenue, but the biggest worry is the uncertainty surrounding Goods and Services Tax (GST) compensation from the Centre.
There is also uncertainty over the state’s share under devolution of funds as per the 14th Finance Commission recommendation.
Finance department officials say that while Rs 3,500 crore is expected as GST compensation for every two months, the devolution of funds would have yielded about Rs 7,000 crore for the current fiscal. But the economic slowdown appears to have hit the Centre’s finances and is likely to impact the state’s share of funds.
“The GST payment for August-September came only in December and we are unsure how much we will get for October-November and December-January,” an official said. Estimates suggest the state’s share under devolution of funds could be reduced by half.
At a meeting of finance department officials last week, Yediyurappa is said to have admitted that unlike those states where non-BJP parties are in power — they have threatened agitations and court cases — the government cannot go “against” Prime Minister Narendra Modi’s regime.
Instead, Yediyurappa has urged senior IAS finance department officials to lobby for funds with their counterparts in New Delhi. On his part, Yediyurappa is said to have already written to Modi and finance minister Nirmala Sitharaman to at least release the state’s share of GST compensation for the current calendar year of 2019. He is planning to personally meet the PM in Delhi to push the state’s case.
Comments
All these celebrations started from fatimaid era in Eygpt which belongs to shia sects and then spread to sunni lands which was implemented by the governor of iraq 600 years after Prophet passed away. I request those who celebrate this birthday to READ IQRA read read about the seerah of Prophet Muhammad by yourself.. U will know the REAL LOVE to follow prophet Muhammad Pbuh.
Islamic scriptures do not support any kind of birth day celebration as part of islamic rites... people should avoid these waste expences & energies instead utilize it to promote values of prophet's teachings.
Is it permitted in Islam to celebrate B’day?
Did Prophet (pbuh) celebrate his B’day?
If B’day celebration is permitted in Islam then why did prophet(pbuh) not celebrate his or his parents or his wives or his children B’day?
Where is it told in Quran or Teaching of prophet(pbuh) that color green represents Islam?
thats horibble!! but is it real or whats app/facebook news..any links
Maa shaa Allah
Great. Real visual treat
Usually on this day some kasargod fools wear pakistan military dresses and do march
Eid Milad
Add new comment