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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Inna lillahi va inna ilaihi rajioon
he was a great person
May Allah grant him Jannah
may Allah forgive his sins if any
May Allah make Grave lightfull
Heartfelt condolences from Zakria family in Qatar.
May Allah bless him with jannathul firdaus.
Inna lillahi wa Inna ilaihi rajivoon..
m heartiest condolence to the families of maulana mohamed shafie
Inna lillahi wa inna ilayhi raji'un
Inna lillahi wa inna ilahi raji'un
INNA LILLAHI WA INNA ILAHI RAJI'UN
Innalillahi Wa inna Ilahirrajiwoon.
Inna Lillahi wa inna Ilaihi rajioon
Allahummghfirlahu warhamhu, wa aafihim wa'afa anhu!
warzuq'hum Jannathul Firdowse al A'ala
Innalillahi Wa inna ilaihi rajiooon
May allah grant him jannatul firdouse,,,
Ameen...
May Allah grant him paradise and give us death while He is pleased with us.
\To Allah we belong and to him we return\". Indeed! Whatever Allah give or take belongs to him and everything is predestined by him-Prophet Mohammad (PBUH)."
Inna lillah wa inna ilaihi rajiwoon. May allah acceipt his all good deeds and grant him Jannaah.
Aameen
Inna lillahi wa inna ilaihi rajioon
May Almighty Accept all his good deeds
Ameen
Inna Lillaahi wa inna ilaihi raajihoon. Allaahummgfirlahoo warhamhoo wahfu anhu yaa Rabbal Aalameen. ameen.
Innaa Lillahi Wa Innaa Ilaihi Rajivoon. We are from Allah and to HIM we return.
Maulana Ebrahim Muhammed Shafi Saheb is a proud father of professionals in the field of Journalism, Enterpreneurship, Administration and philanthrophy Al-Hamdulillah.
May the departed soul rest in peace. May Allah bless him with the bounties of Jannah and May Allah give sabr (patience) to the grieved family to bear the loss of their dear one.
Heartfelt condolences.
Inna lillahi wa inna ilayhi raji'un
Inna lillahi wa inna ilayhi raji'un
Inna lillahi wa inna ilahi rarji'un
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