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
South Kanara police are doing wonderful job around...now they must take action against those bajrangies who had done ugly job around this incident....
In this case book the hate mongers and levy heavy penalty on them. They should be jailed for not less than 10 years with penalty of not less that 50 lacs for the loss of property done by the follower of these hate mongers. Take away their voting right and kick them out of karnataka.
If there are no instances of forcible conversions, what action they are going to take against those who accuse without any evidences? What action they are going to take against those hate mongers who incite communal hatred by using falsified allegations? At least a warning that it won't be repeated again or an public apology?
Now a days, Poojary's, Shankaracharya's Are converting to islam.
https://www.youtube.com/watch?v=3rJZWrX-fzk
Crorepati acharya Sanjay dwiwedi, who converted to islam, and preaching islam. Now leading a common life
@viren
UK's No 1 News channel
http://www.dailymail.co.uk/news/article-1343954/100-000-Islam-converts-…
There is no force involved to convert to islam in anywhere of
If nothing is found by the Police, then why these dogs are barking in Kalladka ???/ ...
Dear brother Viren Naren
Please use your intellect that God has given U before it perishes with God's permission... Atleast PONDER on what PREM says and research on it before spreading your VeNOM without knowledge of ISLAM in this forum...
TRUTH will prevail however u try to deceive people... Anyway try your best but also note that U need to look into QURAN before making enemies with the TRUTH.
Without knowledge of your enemy ... U look Dumb.
Viren Kotian,
Who's forcing you to accept Islam???
But, you can be booked for inciting communal hatred between communities using this forum.
Prem and true (anti) Indian are doing religious propaganda here. coastaldigest.com should not entertain such comments. This is not a religious forum. They are encouraging religious conversions. DK police should take necessary action against such comments.
ISLAM is the only religion accepted by God...
Eternal life begins when death happens...
Dont worship the creation of God, thats the only sin which will not be forgiven by God... (associating partners with God...)
Know who is our CREATOR before bowing down to created things..
God is merciful and most compassionate... A honest heart will find God if his intention is right to know about God...
To know about God and his attributes read religious scripture specially the QURAN (the quranproject online) a manual to MANKIND... Read to understand about Creator not to Hate... please, as a human brother ... keep away your hatred and make effort to know who is our CREATOR rather than falling prey to some hate mongers...
USE YOUR GOD GIVEN INTELLECT...
Surah barakah 2:256
There shall be no compulsion in [acceptance of] the religion.
Forcing anyone to convert is not allowed in islam.
No other religion book says so.
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