Rs 52,000 cr for 5 Cong guarantees as Siddaramaiah presents record 14th budget

News Network
July 7, 2023

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Bengaluru, Jul 7: Seeking to highlight the Congress party's poll promises, Karnataka Chief Minister Siddaramaiah on Friday said approximately ₹ 52,000 crore would be spent annually for the five key poll 'guarantees' and it is expected to benefit 1.3 crore families.

Presenting the 2023-24 budget, with an outlay of over ₹ 3.27 lakh crore, in the Legislative Assembly, he said through the five 'guarantees' (poll promises), the government will be providing an average additional financial assistance of ₹ 4,000 to ₹ 5,000 a month to each household.

The five 'guarantees' related to free bus travel for women, 200 units of free electricity, 10 kilograms of free foodgrains to the poor, ₹ 2,000 for the woman head of the house and unemployment benefit of up to ₹ 3,000.

According to some political analysts, these pre-poll promises found resonance with the electorate leading to the Congress' resounding victory in the Assembly elections.

In the polls to the 224-member Assembly, the Congress bagged 135 seats, while the BJP secured 66 and the JD(S) 19.

Siddaramaiah created a record of sorts by presenting his 14th budget in the Assembly as Finance Minister, surpassing the mark of late Ramakrishna Hegde, a former CM, who had presented 13 budgets. 

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