Bengaluru, Jan 6: Chief minister BS Yediyurappa has plenty on his plate ahead of the 2020-21 state budget to be presented on March 5 what with the economic slowdown and a sizeable shortfall in revenue, but the biggest worry is the uncertainty surrounding Goods and Services Tax (GST) compensation from the Centre.
There is also uncertainty over the state’s share under devolution of funds as per the 14th Finance Commission recommendation.
Finance department officials say that while Rs 3,500 crore is expected as GST compensation for every two months, the devolution of funds would have yielded about Rs 7,000 crore for the current fiscal. But the economic slowdown appears to have hit the Centre’s finances and is likely to impact the state’s share of funds.
“The GST payment for August-September came only in December and we are unsure how much we will get for October-November and December-January,” an official said. Estimates suggest the state’s share under devolution of funds could be reduced by half.
At a meeting of finance department officials last week, Yediyurappa is said to have admitted that unlike those states where non-BJP parties are in power — they have threatened agitations and court cases — the government cannot go “against” Prime Minister Narendra Modi’s regime.
Instead, Yediyurappa has urged senior IAS finance department officials to lobby for funds with their counterparts in New Delhi. On his part, Yediyurappa is said to have already written to Modi and finance minister Nirmala Sitharaman to at least release the state’s share of GST compensation for the current calendar year of 2019. He is planning to personally meet the PM in Delhi to push the state’s case.
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To bharat with love, GOD IS POWERFULL not GODSSSSSSS...there is no meaning if there is multiple god..see the real meaning of GOD
Na Tasya Pratima Asti
Nobody will force. But all are doing in a spirit. In a celebration mood
enchina maraya, undu reportun odula
Why you are dragging God to this. If its God's decision nobody can restrict that. Gods are powerful
RIP
Inna Lillahi wa inna ilayhi raji'un
I think, its not the mistake of that boy. Usually procession and immersion will be over crowded. That may be the reason
If he is not an expert in swimming then why he went? anybody forced him to do?
Please don't sensationalise the sad incident
Why God cant save that schoolboy..!
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