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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Once the cow became sacred and the Broken Men continued to eat beef, there was no other fate left for the Broken Men except to be treated unfit for association, i.e., as Untouchables. There was a time when the ancestors of the present day Untouchables were not Untouchables vis-a-vis the villagers but were merely Broken Men, no more and no less, and the only difference between them and the villagers was that they belonged to differ
Naren and Viren.....if you dont like the journalism of CD why waste your time here....Go and read any RSS note books...you can learn more hatred....and Burn your GAaf........and then Use Itch Guard...
Hey has keep there women in burkha ha ha
Days to come (In-Shaa Allah) all the LIES and Deceptions of Hindutuva terrorist will come out.
The Dalit should not fear in exposing their Discriminations... cheddis hold outs are getting fired from the bottom... and they already started feeling the burn when muslims started to oppose their discrimination. We Muslims & Dalits should unite to fight their discrimination agenda... We Muslims know their hatred propaganda.. but WE believe ALLAH will take care of their evil agenda. Till now we know many things are exposed. When it is out of their hands they resort to acts like Cowards like killing.
ya ya .. CD digest journo ( i dont think he has passed journalism course ) has seen and was seeing Beeef eating of HJV ... cmon guys .. right sensible articles ...
may be this cow has got married to bull
The same Gujarat dalit was used against Muslims in Godhra communal riots. Big fishes supplied all the weapons to Dalit prior riots and Dalits used that opportunity more than big Fish's expectations. Thousands of lives irrespective women, child, old age, youths, teens burned everywhere and thousands of rapes, loot since law and order tied up by Gujarat CM.
World beef exports - Ranking of countries.............
1. India
2. Australia
3. Brazil
4. USA
I think it is better change their religion to Islam....where they would get desired respect and dignity....there is no upper and lower caste in it....Well come guys!
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