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
November 26,2024

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Former minister and ex-MLC C M Ibrahim claimed that he still heads the original JD(S) and asked former prime minister and party supremo H D Deve Gowda to cut ties with the BJP, so that the party can be strengthened again. He also said options are being explored to either strengthen the JD(S) or to float a new regional party.

He was speaking to media persons, in Mysuru, on Monday, after meeting JD(S) MLA and former minister G T Deve Gowda, who has expressed his displeasure that he has been sidelined in the party and the party leaders have indicated his retirement from politics.

He stated, “If Deve Gowda had joined the Congress, during the last Assembly election, he would have been a minister now. We retained him in the JD(S), to strengthen the party. Now, efforts are being made to strangulate Deve Gowda’s political career. I have discussed all matters with Deve Gowda. In two days, I will start a Karnataka state tour and meet some leaders. After that, I will meet Deve Gowda again, and then decide on the further course of action.”

Ibrahim said, “The original JD(S) is ours. I am still its state president. All documents and accounts are in our name. Even now, if Deve Gowda leaves BJP’s company and returns, we will build the JD(S) again”.

“Union Minister H D Kumaraswamy should mend his ways and stop making JD(S) into a family-owned company. The JD(S)’s situation has become hopeless. Its love for the BJP is over. He should understand this,” he said.

“When I was with Kumaraswamy, he spent just Rs 4 crore in Channapatna and won by 20,000 votes. Now, without me, he spent Rs 150 crore and still lost by 25,000 votes. Without Muslims’ support, the JD(S) cannot win a single seat. Now, it is proved that 19 MLAs of the JD(S) won in 2023, because of Muslims,” he added.

Speaking on other options available, Ibrahim said, “We have not yet decided to go with the Congress. We are only considering to establish a third front. Whether it is founding a new regional party, forming a third front, or strengthening the JD(S), will be decided shortly.”

Earlier during the day, before meeting Deve Gowda, Ibrahim had said, that 12 to 13 JD(S) MLAs were dissatisfied with the party, but like Deve Gowda, were enduring pain.

“Now, I have started the task of uniting them. I as the JD(S) state president, it is my responsibility to address our MLAs’ grievances. At present, the JD(S) is on fire and all JD(S) MLAs want to protect their respective constituency. Hence, they have started speaking one by one,” he said.

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News Network
November 19,2024

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In the wake of the tragic drowning of three students at a resort near Ullal on the outskirts of Mangaluru city, the tourism department in Dakshina Kannada is set to implement comprehensive safety guidelines for properties with swimming pools or beach access. This initiative aims to ensure guest safety and prevent similar incidents in the future.

New Safety Mandates for Resorts and Homestays

Rashmi S.R., deputy director (in-charge) of the tourism department, announced, “We will instruct all homestays and resorts to enforce precautionary measures, especially those with pools or direct beach access. Properties must ensure 24/7 supervision, particularly during guest hours. This tragedy highlights the importance of having trained personnel on-site.”

Key Safety Guidelines

The district, home to around 150 homestays and 130 resorts, will see the following measures enforced:

  • Clearly displaying pool depths.
  • Installing adequate safety equipment, such as life buoys.
  • Employing trained lifeguards at all times.
  • Establishing clear pool operating hours.
  • Reviewing and implementing standard operating procedures (SOPs) for pool and beach usage.

Booming Beach Tourism Calls for Vigilance

Manohar Shetty, president of the Association for Coastal Tourism (ACT), Udupi, highlighted the growing popularity of beachside resorts, particularly during peak seasons. Properties in Udupi, often fully booked with tourists from Bengaluru, Mysuru, Kodagu, and Shivamogga, face increasing pressure to maintain safety standards.

Udupi district boasts 22 beachside commercial properties catering to this rising demand.

Shetty emphasized, “Authorities must scrutinize safety measures and carefully evaluate guidelines before issuing new resort licenses. Panchayats should rely on the Karnataka Town and Country Planning Act when handling such cases.”

Long-Term Solutions for Water Safety

Recognizing the need for a cultural shift in water safety, Shetty proposed integrating swimming lessons into school curricula. This move would not only equip students with essential skills but also encourage safe participation in water-based activities.

A Safer Tomorrow for Coastal Tourism

As the tourism sector thrives, Mangaluru’s proactive approach underscores its commitment to visitor safety. The tragic incident serves as a wake-up call, propelling the industry towards stricter regulations and better preparedness, ensuring that coastal vacations remain both enjoyable and safe.

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News Network
November 16,2024

Mangaluru: The Kavoor police in Mangaluru, Karnataka, have arrested three individuals from Kerala in connection with two separate cybercrime cases, including one involving extortion under the guise of a "digital arrest."

City Commissioner of Police Anupam Agrawal reported that one of the arrested individuals, Nisar, a resident of Ernakulam district, posed as a CBI officer. He allegedly threatened the complainant with arrest and extorted Rs 68 lakh. A case has been filed under sections 66 (C) and 66 (D) of the IT Act, and sections 308 (2) and 381 (4) of BNS.

In another case, the Kavoor police arrested two men, Sahil K P of Thiruvannur, Kozhikode, and Muhammad Nashath of Mappila Koyilandy, Kerala, in connection with a share trade fraud. The accused are alleged to have deceived the complainant by promising substantial profits from an investment in the stock market. Trusting the fraudsters, the complainant invested Rs 90 lakh, which was subsequently lost. A case has been registered under sections 66 (C) and 66 (D) of the IT Act, and sections 318 (4) and 3 (5) of BNS.

The accused were arrested in Koyilandi and presented before the court. The operation was carried out under the guidance of City Police Commissioner Anupam Agrawal, led by Mangaluru North Sub-Division ACP Srikanth K, Kavoor Inspector Raghavendra Byndoor, Kavoor PSI Mallikarjuna Biradara, and staff members Ramanna Shetty, Bhuvaneshwari, Rajappa Kashibai, Praveen N, and Malatesh. 

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