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
This is the Result of Fear for Police & Sangh, So for we got good publicity for the Program, All the best for the program, Good luck for all the cadets.....
probably some political outfit of Ullal assembly constituency feared of PFI progress may have misused power to deny permission.
Rss and police affraid of PFI jai ho. Zindabad zindabad popular front zindabad.
Freedom from Hunger Fredom Fear...............
No Matter how you try UNITY MARCH will succeed by people's support and participation
DK Dist police is working for RSS only providing full security for their march. Police with not object while RSS terrorists are marching with najked sword and lathis in therir hands whereas PFI cannot take out peace march. Why Karnataka Govt is so soft on sangh parivar. Hate mongers from this organisation can give any speech whereas other cannot make any speech.
Now Saffron forces do what ever they can...............but how much you try to oppress Popular Front will emerge more powerfull
this is not Shimoga or Mysore that you can Play
When ever POPULAR FRONT wanted to go for UNITY March 60% and so called secular parties comes Hand in Hand to try to avoid.................but all fails........
''ILLEGAL'' its impossible from Organization like Popular Front of India ....as all these Years we have seen Polpular Front of India a Well Disciplined and visionary approach towards building positive youths ..................
60% in police are in full force....................UNITY March created fear in Kalladka's Heart
Disgusting, Purely Double role Police Dept.
Denied permission to PFI Unity March means they destroyed Indian Constitution Law.
WHEN INJUSTICE BECOMES LAW RESISTANCE BECOMES DUTY
PFI GO AHEAD WITH MARCH
Paradox of the budhivanthara jille: No permission for unity march. Police protection for Sangh Parivar'? division march. RIP DK district administration.
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