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

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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
November 17,2024

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An Israeli airstrike on the office of Syria’s Baath party in Lebanon’s capital Beirut has killed the Lebanese resistance movement Hezbollah's Media Relations Officer, Mohammad Afif, reports say.

Lebanon's National News Agency (NNA) reported that the Israeli raid struck the Ba'ath party’s building in central Beirut district of Ras Al-Naba'a on Sunday, adding that the strike was an attempt to assassinate the leader of the resistance media front.

According to Baath Secretary-General Ali Hijazi, Afif was having a meeting in the Baath Party headquarters when Israel carried out the attack.

"Afif did not fight with weapons and did not lead a military unit in Hezbollah. Rather, he led a media unit," he said.

Reuters, Sky News, Al Jazeera and a number of Henrew-language media reported that Afif was killed in the Israeli strike.

However, Hezbollah has not yet confirmed Afif’s death or whether he was present at the site or not.

Earlier, the Lebanese Health Ministry said at least one person was killed and three others injured after an Israeli strike targeted a central district in Beirut.

Lebanon's al-Mayadeen television network reported that five people were killed in the attack.

The latest development came after Afif said Hezbollah was behind the Caesarea operation and targeting Netanyahu’s home during a speech at the Ghobeiry area in the southern suburbs of Beirut on October 22.

This was the second assassination attempt on Afif in the last two months, after he survived an attack on the Hezbollah media relations office several weeks ago.

Israel launched a ground assault and massive air campaign against Lebanon in late September after a year of exchanging fire across the Lebanese border in parallel with the Gaza war.

At least 3,287 people have been killed in Israeli strikes in Lebanon over the past year, with the vast majority in the past seven weeks. Another 14,222 have been wounded, mostly women and children.

In response to the ongoing aggression, the Lebanese resistance movement Hezbollah has been staging hundreds of retaliatory strikes against the occupied Palestinian territories and the Israeli forces trying to advance on southern Lebanese areas.

The movement has vowed to sustain its strikes until the regime ends the escalation.

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News Network
November 26,2024

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Islamabad: Four paramilitary personnel and two policemen have been killed and over 100 security personnel injured as the protest by supporters of jailed former prime minister Imran Khan turned violent prompting the federal government to deploy the army in the national capital along with shoot at sight orders on Tuesday, state-run media said.

Pakistan deployed the army amid a tense stand-off with Khan's supporters from his Pakistan Tehreek-e-Insaf (PTI) pushing forward by removing hurdles on their way to Islamabad's D-Chowk venue as the government vowed to foil their attempt “even if a curfew needs to be imposed.”

Radio Pakistan said a vehicle rammed into Pakistan Rangers personnel killing four Rangers officials on the Srinagar Highway in Islamabad late on Monday night. Five other Rangers personnel and several police officials too sustained severe injuries.

About five kilometres from this spot, a bunch of miscreants, equipped with weapons and ammunition, pelted stones on the Rangers personnel and carried out indiscriminate firing on the security personnel at Chungi No 26 in Rawalpindi, Radio Pakistan said.

It also reported that two policemen were killed but didn't provide any details.

According to Punjab police, one policeman was killed at Hakla interchange on Islamabad outskirts during clashes with the PTI protestors on Monday but it also did not give details about the second policeman.

Separately, Interior Minister Mohsin Naqvi said, at a late night media interaction, that more than one hundred security personnel, mostly from police, were injured and added: “One senior police officer (SP) was critically injured – he suffered a severe head injury -- due to stone-pelting by protesters.”

Radio Pakistan further reported that the Pakistan Army was called in “to deal with the miscreants with an iron hand” and “clear orders have also been issued to shoot miscreants and troublemakers on sight.”

Strongly condemning the attack on Rangers and police personnel by protesters, Prime Minister Shehbaz Sharif, in a statement, directed to immediately identify those involved in the incident and ensure they are brought to justice.

“Attacks on police and Rangers, under the guise of a so-called peaceful protest, are condemnable,” he said, adding, the anarchist group seeks bloodshed and “Pakistan cannot afford any form of chaos or bloodshed. Bloodshed for nefarious political agenda is unacceptable and highly condemnable.”

He also instructed to provide the best possible medical facilities to those injured.

Interior Minister Naqvi said the government had offered an alternative venue to the protestors to stage their activity at Sangjani in the suburbs of the capital and apparently Khan has also agreed to it.

Despite permission given by Khan, “maybe there is a leadership above Imran Khan who has refused to accept this,” he claimed and confirmed that talks were going on with the PTI to resolve the issue and that the PTI leaders were allowed to meet Khan twice on Monday to get his input.

The government is waiting for a formal response to its offer of an alternative venue for protest and “we are now waiting for PTI’s response before taking further steps,” Naqvi added.

Naqvi also warned that “come what may, the PTI would not be allowed to stage a protest at D Chowk and even hinted of imposing a curfew if needed.”

Security sources also said that all necessary measures are being taken to counter terrorist activities by disruptive and extremist elements. “All the miscreants are also being identified to bring them to justice,” the sources added.

Meanwhile, the PTI accused the authorities of using violence in which several of its supporters have been injured. A PTI spokesman told BBC Urdu that at least two supporters have also been killed but it was not confirmed from other sources so far.

Khan, 72, the PTI founder, has been in jail since August 5, 2023, and had given the ‘final call’ for the protest to force the authorities to release all prisoners, including himself, and also restore the alleged stolen mandate or victory of his party in February 8 elections as well as rescind the last month's 26th constitutional amendment allowing the government more powers over judiciary.

Earlier on Sunday, led by Khyber-Pakhtunkhwa Chief Minister Ali Amin Gandapur and Khan's wife, Bushra Bibi, the PTI supporters began their journey from the militancy-hit province with a mission to make it to D-Chowk in the national capital but faced obstacles on the roads.

The D-Chowk, close to several important government buildings: the Presidency, the PM Office, the Parliament, and the Supreme Court, is a prime location in the national capital.

The authorities had blocked the highways by placing shipping containers but the protestors accompanied by lifting equipment and other heavy machines worked their way by removing hurdles, but the hurdles did skittle their speed and plans.

The convoy entered Islamabad from Sangjani toll plaza. The party also shared footage of the KP convoy in Islamabad’s limits.

The government already banned rallies by imposing Section 144, a colonial era law used to outlaw political activities, as a high level delegation from Belarus was visiting Pakistan.

At least one policeman was killed and dozen others injured in clashes on Monday as thousands of the PTI protestors entered the territorial jurisdiction of the national capital. In one of the clashes, a policeman was killed at the Hakla interchange on Islamabad outskirts.

Another constable of the Sargodha police was injured due to “firing by miscreants” and was being treated, local media said, adding, dozens of other policemen too were injured in the clashes, but exact details were not available.

As the convoy entered the capital territory in the evening, Bushra Bibi said in a video message: “My brothers, as long as Imran is not with us, we will not end this march.”

Meanwhile, as announced on Monday, all public and private educational institutions would remain closed in view of the law and order situation both at Islamabad and Rawalpindi on Tuesday.

Khan has been implicated in dozens of cases since his government was dismissed through a no-confidence motion in 2022. He has been in Adiala Jail at Rawalpindi since last year facing over 200 cases.

His party won the largest number of seats in the February general elections despite contesting as independents as the party was denied an election symbol.

The party founder has alleged that the ruling Pakistan Muslim League-Nawaz (PML-N) and its coalition partners, including the Pakistan Peoples Party (PPP), had “stolen the mandate” to grab power at the federal level.

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News Network
November 28,2024

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Mangaluru: The iconic Old DC office, a building steeped in 400 years of history, will be the centerpiece of the Heritage Week celebrations in the city. Once the administrative hub of the erstwhile Canara district during the British era, the building now serves as a symbol of Mangaluru’s rich heritage and cultural significance.

Historic Significance

Initially built during the rule of the Bangas under the Vijayanagara Empire, the structure was later converted into the collector’s office. Following an agreement between Tipu Sultan and the British in 1784, the building came under Tipu’s possession until his death. Subsequently, Major Sir Thomas Munro used it as the office for the first district collector.

The building has also seen historical milestones, including the participation of 88 individuals from the district in World War I (1914–1919), as recorded on a commemorative plaque on its exterior.

Heritage Festival: Echoes

To celebrate the city’s history and tourism potential, the Dakshina Kannada district administration is organizing "Echoes," a heritage festival on November 30 and December 1 at the Old DC office premises. The event will feature:

  • A heritage exhibition (open from 10 AM to 6 PM).
  • An art contest for school students.
  • Guided mini heritage walks open to all.
  • An urban sketching contest for college students.
  • A panel discussion on sustainability, followed by a prize distribution ceremony.
  • A musical evening featuring Sur Safar, a fusion band.

A Gateway to Tourism

The festival aims to draw attention to Mangaluru’s untapped tourism potential by blending art, history, and culture. It invites residents and visitors to rediscover the region’s legacy while fostering a sense of pride in its historical landmarks.

This initiative not only commemorates the past but also looks to inspire future efforts in heritage preservation and sustainable tourism.

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