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
he is the brother of mangalore information officer Khader shah, i think.
Good boy.. keep it up.. but don't exchange phone numbers ok??
THIS IS CALLED HUMANITY......PLEASE DONT MIX THIS INCIDENT WITH RELIGION....WELL DONE ASHRAF HATS OFF TO YOU..
PROUD TO BE MANGALUREAN....
something fishy is going around on this story... so I am confused with this story
Ma Sha Allha... Job well Done... Dear Haris Bhai,
He is the One Brother of My Close Friend he is Also well Social Worker,
KEEP IT UP BRO...
Mashallah... Well done Haris ,You gave a good lesson for humanity, when someone needs help caste,religion,gender will not come into consideration its only helping each other what it counts.. UR PERFECT EXAMPLE FOR BROTHERHOOD... :) ALLAH GIVE U SAFE HEALTH
The lady may be from a middle class or poor family, that is the reason she may be working as a sales girl. A gold chain may be for her a big asset, it is her hard earned saving money.
so good job done by Haris. Keep it up good work.
couple of Mangaloreans we may find thieves, robbers but 95% of Mangaloreans are good hearted people, who always help each other whenever any difficultly arrives to one another.
If every Mangaloreans do this act then the some particular groups who are jobless will need to find a respectful job. there are lot of looters who loot people in the name of a religion...
BRAVE WORK, APPRECIATED!!!
#7, ALTAF, DOHA, WHY U SEEING EVERY ACTIVITY IN COMMUNAL ANGLE????
chain snatcher trained by job less chaddi & sanghis how can they tolerate my dear brother althaf doh....
Robbery Jihad.. Some may be not happy by his bravery act..
This is how a Muslim should be.This is also Jihad
Where is Thief Photo?
Muslim guy helping Hindu Lady.. Chaddi & Sanghis can not tolerate this.
Excellent work by Mohammed Haris . keep it up
Good job Haris, you are brave.
The name Haris meaning itself is Guardian or Guard.
May Allah bless you
great example for those who Entertained in this kind of situation.
wow we must encourage this, govt should give the reward for his work so more people can come forward to help in these type situation.
because of this people we can roam freely in public. keep it up
appreciable good work haris.
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