Karnataka Budget 2023-24: Key takeaways from CM Bommai's speech

News Network
February 17, 2023

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Karnataka CM Basavaraj Bommai on Friday presented the State Budget for FY 2023-24, which had a little something for everyone keeping the upcoming Assembly elections in mind.

Bommai presented a Rs 3.09 lakh crore Budget with gross borrowings of Rs 77,750 crore.

Here are the key takeaways from the Budget:

- In a first in the post-pandemic situation, CM Bommai presented a "revenue surplus" Budget. Revenue receipts were estimated to be Rs 402 crore more than revenue expenditure. The state is expecting a revenue of Rs 32,000 crore against a target of Rs 29,000 crore in revenue collection for the excise department towards the end of this fiscal. The target for 2023-24 is fixed at Rs 35,000 crore, a 20 per cent increase from the previous year's target.

- Bommai said that Karnataka has also brought down the fiscal deficit to 2.6 per cent of GSDP. "As per the Fiscal Responsibility Act, the fiscal deficit needs to be below three per cent. The fiscal deficit is expected to be Rs 60,581 crore," said CM Bommai.

- "The present government has taken the historic decision in respect of constituting a Tribunal for fixing uniform rates for land acquisition under phase-3 of UKP that has been pending for the last several years. Rs 5,000 crore will be released for speedy compensation to farmers and land owners," he said.

- Rs 1,000 crore will be released to commence works on Kalasa-Bandoora Nala Thiruvu Yojane.

- The government has allocated Rs 25,000 crore to the irrigation sector in the current year. And, a total grant of Rs 39,031 crore for agriculture and allied activities in the year 2023-24.

- CM Basavaraj Bommai on Friday announced the construction of a Ram Mandir in Ramanagara and allocated Rs 1,000 crore for the development of temples and mutts.

- Seeking to woo farmers in an election year, Bommai announced an increase in the limit of interest-free short-term loans given to farmers from Rs 3 lakh to Rs 5 lakh from the coming financial year. The government, Bommai said, has decided to give an additional subsidy of Rs 10,000 in the year 2023-24 under a new scheme 'Bhoo Siri' for 'Kisan Credit Card' holders.

- "Free coaching will be provided to 10,000 youth belonging to the Scheduled Castes, Scheduled Tribes, Backward Classes, and Minority Classes," said CM Bommai.

- Increasing significantly compared to last year, Rs 795 crore will be provided in the current year to the six development Corporations belonging to the Scheduled Castes and Scheduled Tribes. Various schemes will be implemented at a total cost of Rs 1,842 crore including the additional grants provided to the Corporations and the amounts already available with them.

- He said that 20,000 houses will be built for the economically weaker section in Bengaluru this year.

- The government will open a web portal for the adoption of stray dogs, Bommai announced in his speech.

- "With seven cities being selected in the State under Smart City Mission, Rs 5,900 crore has been released, out of which 506 works worth Rs 4,157 crore have been completed," the chief minister said.

- He said the approval has been given for constructing houses for 5,188 pouranoukaras in the State out of which 3,733 houses have been completed. In the current year, under the 'Poura Asare' scheme, it is proposed to construct houses for 5,000 houseless Pouranoukaras at a cost of Rs 300 crore.

- CM Bommai announced that the government will build integrated township districts neighbouring Bengaluru. "Expression of Interest has been invited from private organisations to build integrated Townships in Mysuru, Chikkaballapura, Chithradurga, Haveri, Kolar, and Ramanagara under Public-Private- Partnership model. These Townships will give a new dimension to City planning and will create better lifestyles and working environments," Bommai said.

- Electricity connections will be provided to about 2.35 lakh un-electrified households at a cost of Rs 124 crore under 'Belaku' scheme. Also, the government will replace 1.37 lakh defunct transformers and also install new 67,713 transformers, and provide electricity connections to 4,268 borewells under Ganga Kalyana Yojane and various other people-friendly measures.

- Under the Amrutha Nagarothana scheme, Rs 6,000 crore worth of works are being implemented in Bengaluru city. Development of a total of 108 kms road will be taken up under the High-Density Corridors scheme at an estimated cost of Rs 273 crore. To ensure that there is a free flow of rainwater and to avoid flooding, Rs 1,813 crore has been provided to undertake the development of a total of 195 kms of drainage and culverts.

- To reduce the traffic congestion in Bengaluru city, Bommai proposed to develop 75 important junctions with the highest traffic congestion at a cost of Rs 150 crore. As a supplement to this, traffic congestion will be reduced by using Artificial Intelligence for the management of traffic signals by adopting Seamless Signalling.

- Rural Sports Meets will be conducted from the village level to the State level to introduce and encourage rural and traditional sports like Kho-Kho, Wrestling, Kabaddi, Kambala, Bullock Cart race, and others to the children. One well-equipped Sports Court in every Gram Panchayat jurisdiction will be constructed under the NREGA scheme at a cost of Rs 5 crore.

- Karnataka has recorded the highest growth rate in GST collection amongst big States of the country. For the year 2022-23, the revenue collection target for Commercial Taxes Department was fixed at Rs 72,000 crore against which revenue collection of (excluding GST compensation) Rs 83,010 crore is achieved by January end. This is more than the Budget estimates by 15 per cent.

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News Network
September 17,2024

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Union Home Minister Amit Shah on Tuesday, September 17, said the Waqf (Amendment) Bill, 2024 will be passed in the Parliament in the coming days. He said the Bill is committed to the management, preservation and misuse of Waqf properties.

The Joint Parliamentary Committee (JPC) on the Waqf Bill will meet from September 18 to 20. The JPC is scrutinising the Waqf (Amendment) Bill, 2024 which seeks to amend the Waqf (Amendment) Act of 2013.

On September 14, a Muslim organisation headed by Congress MP Tariq Anwar demanded the rejection of the Waqf (Amendment) Bill. The organisation alleged that the proposed legislation is an "indirect attempt to seize control of Muslim religious properties".

The All India Qaumi Tanzeem submitted 14 pages of suggestions and objections to the bill to the JPC through the Lok Sabha Secretariat.

The Bill was introduced in Lok Sabha on August 8.

On September 11, a Rajya Sabha panel summoned Minority Affairs Ministry officials to explain reasons for the delay in completing the process for framing subordinate legislation under the 2013 Waqf law.

The new bill seeks to change the registration process for Waqf properties through a centralised portal. It proposes several things, including establishing a Central Waqf Council alongside state Waqf Boards with representation to Muslim women and non-Muslim representatives.

A contentious provision of the Bill is the proposal to designate the district collector as the primary authority in determining whether a property is classified as Waqf or government land.

The Waqf (Amendment) Bill also aims at renaming the act to the Unified Waqf Management, Empowerment, Efficiency and Development Act, 1995.

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News Network
September 14,2024

Mangaluru: The block level and District Congress Committee presidents in the state will be changed in the next one month for better reach into society and bring in organisational fortification, said Karnataka Pradesh Congress Committee working president G C Chandrasheker on Saturday.

The All India Congress Committee and KPCC have a vision for bringing a change in how the party works with the last man and woman in the state, he said at a press conference here.

"We are looking at bringing development models into the state with a new vision. We are a party that likes to work with the opposition in the developmental aspects and keep all other matters away that do not relate to the development of the state.

"We have a great respect for the people of the coast who are considered to be forward-looking and perceptible, but it is also true that we do not have the numbers in the upper house and in the Urban Local Bodies (ULBs)," he said.

"Our endeavour is to not only create a strong pro-development workforce at the base level by strengthening the second and third level leadership in the state," he said.

Chandrasheker, who is also a Rajya Sabha member, said that he and his four colleagues of the rank of working presidents of the KPCC are going to every district to infuse the new thinking in our workers and leaders.

"This move will get a new surge considering the party is facing byelections in Shiggaon, Chennapatna and Sandhur segments and also vacant seats in the legislative council, followed by elections to the Urban Local Bodies and Panchayats" he said.

When asked about the reason for the changes, Chandrashekar said most of the people have already lived their tenures. The party wants to reward those who have not been given tickets to contest in the 2023 state assembly elections and 2024 Lok Sabha elections for political reasons.

There are quite good leaders and hard-working ground level workers who have great potential to lead the party in the coming years, he said.

"Women will get at least one top post in all District Congress Committees and block levels. There is also a move to give responsible positions for the workers and leaders coming from different strata of society, which are deliverable. The party will not shy away from it," he said.

The other two working presidents, Dr Manjunath Bhandary and Vasanth Kumar, were also present at the press conference.

Kumar said some of the regions in the state are dominated by the BJP. "We want to end this run and defeat the divisive models of the BJP." Bhandary said the Indian National Congress was aiming at a high development phase in the state and involve the opposition parties and their leaders in the development plans in the state. 

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News Network
September 20,2024

Starting in the 2025-26 academic year, private universities in Karnataka offering professional courses will no longer conduct separate entrance exams. This decision follows a directive from the state’s Higher Education Department, prompting private universities to form an association and agree to this significant change.

In a recent meeting with Higher Education Minister Dr. M. C. Sudhakar, representatives from 17 private universities confirmed their decision to discontinue individual entrance tests. Of the 27 private universities in the state, 17 offer professional courses, and they have collectively agreed to accept scores from existing national or state-level entrance exams.

“Some universities will consider JEE scores, others will rely on KCET, and a few are inclined towards COMEDK,” Dr. Sudhakar stated, leaving the choice of examination to the universities themselves. However, the department has also suggested that the universities consider a unified entrance test for admissions.

Looking ahead, Dr. Sudhakar hinted that the government may introduce a common entrance test for general degree courses at private universities as well. "As government colleges and universities currently don’t require entrance exams for general degree courses, we haven’t made any decisions on this yet," he explained.

The meeting also addressed concerns over the high fees charged by private universities. To regulate this, the universities were instructed to establish fee fixation committees, headed by retired judges, as required by law. These committees will be responsible for determining tuition fees. Additionally, the government will continue to regulate fees for 40% of seats in professional courses that are filled through KCET.

In an effort to bring greater uniformity among private institutions, the government is considering enacting a common law for all private universities, which would replace the individual acts currently governing each university. This would place all private universities under a single regulatory framework.

This move is expected to streamline the admissions process and create a more standardized system for both professional and general degree programs across Karnataka's private universities.

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