Siddaramaiah presents Nava Karnataka Budget 2018: Key highlights

coastaldigest.com news network
February 16, 2018

Bengaluru, Feb 16: Faced with ballooning expenditure on the one hand and sluggish economic growth on the other, Karnataka Chief Minister Siddaramaiah on Friday presented the last budget of his current tenures on Friday. Personally this is Siddaramaiah’s 13th budget.

Here are the key highlights from the Nava Karnataka Budget 2018: 

With a Budgetary Allocation of Rs 5,849 crore for the Department of Agriculture in 2018-19, the Government of Karnataka is committed to empower farmers in the state with a host of programmes. 

• Rs 845 crore earmarked for Karnataka Raitha Suraksha Pradhan Mantri Fasal Bhima Yojna
• Rs 600 crore earmarked for Krishi Bhagya
• Rs 50 crore earmarked fir area under Organic Farming to be extended by 1.5 lakh hectares
• New Agriculture College to be set up in Chamrajanagar
• Rs 24 crore allotted to increase Millet Farming to 60,000 hectares.

Launching of Raita Belaku to empower 70 lakh dry land farmers across Karnataka with economic independence. This will be the nation’s biggest programme in terms of area covered and number of farmers impacted.

• Dry land farmers to get guaranteed annual income between Rs 5,000-Rs 10,000 per hectare 
• 70 lakh dry land farmers to benefit
• Biggest national programme in terms of area covered (64 lakh hectares) and number of farmers impacted
• 3,500 crores allocated.

In a major thrust to higher education for girls, Government of Karnataka will provide free education to girls studying in pre-university course (PUC), degree and post-graduate (PG) courses in govt colleges, with a budgetary allocation of Rs 95 crore for 2018-19. 3.7 lakh girl students to benefit.

Giving a major thrust to education across Karnatak the budget announced:

• 100 Karnataka Public Schools (Upto 12th standard) at Gram Panchayat Level to be set up at a cost of Rs 5 crore
• Science Centres to be established in all Government High Schools and PU Colleges at a cost of Rs 7.5 crore
• To set up Basava Study Centre in Mysuru University at a cost of Rs 2 crore
• Government Schools completing 100 years to be developed as Heritage Schools.

In the budget tabled, Siddramaiah said that Karnataka becomes the first state to launch Universal Health Coverage, the much awaited ‘Aarogya Karnataka’ scheme will be launched in February 2018. It will provide primary, secondary and tertiary healthcare to all citizens.

Along with launching 'Aarogya Karnataka', Nava Karnataka Budget 2018 gives a major thrust to health and wellness across the state. 

• 9,000 Sub Centres across Karnataka to be upgraded as Health and Wellness Centres
• 1,000 Bed Strength to be added in Bengaluru Medical College and Research Institute
• Hospital Building to be constructed in Gadag, Koppal and Chamrajnagar Medical Colleges
• All District and Taluk Hospitals to be certified under National Accreditation Board for Hospitals to improve Quality Services.

The Siddaramaiah government said it is committed to build an equitable and socially just Karnataka. For ensuring social justice Karnatak government allocated:

• Grant of Rs 300 Crore for the development of Soliga, Junukuruba, Kadukuruba and other Communities
• Reservation of 25 per cent of seats for Backward Classes and Minority of Students in SC/ST Post-Matric Hostel
• Subsidy in the form of Share Capital for 100 Eligible SC/ST Co-operatives Societies
• Loan and Subsidy on priority to 680 Manual Scavengers identified in Rural and Urban for Land Purchase.

In the Budget 2018-19 Karnatak government said it is committed towards building an inclusive and empowered citizenry. In its allocation under inclusive society with opportunities for all it proposed:

• 250 Urban Anganwadis to be set up at cost of Rs 17.5 crore
• 100 Mobile Anganwadis and Creches to be set up at work places benefiting labourers, at a cost of Rs 10 crore
• Loans under Udyogini Scheme increased from Rs 1 lakh to Rs 3 lakh
• 4 per cent Reservation in Grade A and B jobs for differently-abled people. 

In the Budget, Siddaramaiah termed skilled Karnataka, the new Karnataka. It said:

• 120 government ITIs to get computer lab facility at a cost of Rs 10 crore under PPP (Public Private Partnership)
• 2.5 lakh people to be trained by Department of Skill Development, Entrepreneurship and Livelihood
• DISHA Scheme to be extended to all districts to train 1 Lakh Entrepreneurs at a cost of Rs 2 crore.

In the budget, the Karnataka government proposed to ensure the empowerment of disenfranchised and backward classes through a host of progressive programmes which include:

• Various Development Works will be taken up at Sangolli and Nandgada at a budget of Rs 267 crore
• Suchi Sambhrama Kits extended to Post Matric Hostel Students
• Enhancement of Creamy Layer Income Limit from Rs 6 lakh to Rs 8 lakh for Availing Reservation for Backward Classes
• Provision of Rs 10 lakh Loan at  6 per cent interest for self-employment to unemployed Backward Class Graduates.

Fostering Equality

• A new scheme to provide loan and subsidy under the professional incentive scheme of Minority Development Corporation at a cost of Rs 30 crore
• Allocation of Rs 200 crore for the development of Christian community
• Implementation of Start-up Loan Facility scheme for women at a cost of Rs 15 crore through Minority Development Corporation
• Opening of 25 New Moraji Desai Residential School.

Connecting Bengaluru - Namma Metro

The Karnataka Budget said Detailed Project Report (DPR) for Namma Metro Phase 3 will be launched soon, taking the total length to 266 kilometers. Upon completion, Namma Metro will become a ring rail network in the city. 

Namma Metro Phase 3 DPR to be launched for 105.55 kilometers. Once completed, Metro Network to stretch to 266 Kilometers.

Transforming Bengaluru

Presenting the budget Siddaramaiah said his government is committed to the comprehensive development of the world’s most dynamic city, Namma Bengaluru. 

• All Arterial and Sub Arterial Roads of Bengaluru to be white topped over 5 years; 150 kilometers in 2018-19
• 40 Lakes to be developed in 2018-19
• 250 kilometers of footpath to be developed
• 110 villages included BBMP (Bruhat Bengaluru Mahanagara Palike) to be developed
• Rs 2,500 crore allocated for Bengaluru Development.
• Suburban Rail Reality for Bengaluru

Special Purpose Vehicle for Suburban Rail in Bengaluru to be set up. Project worth Rs 17,000 crore to be implemented in partnership with Ministry of Railways.

Creating a Logistics Network

• New Logistics policy will be announced to create a Multi-Modal Transportation Network
• Logistics Park to be set up on 400 acres of land near Bengaluru and 50 acres near Hubbali.

Towards Digital Karnataka

• E-Kshana launched to issue Caste, Income and Residence Certificate
• Moulya App launched to know the guidance value of any immovable property
• Development of Samyojane App to obtain citizen services of the department
• Development of Dishank App to obtain Survey Number and Map of spot where citizen stands.

In the next five years, the police department will see a 25 per cent rise in the number of women workforce. Toilets will be constructed in all the police stations. The women police stations in district headquarters will be upgraded as one-stop service centres. Cyber forensic laboratories will be established in order to prevent cyber crimes. Nirbhaya Kendras will be established in all the police commissioner’s offices.

The Karnataka budget also proposed free bus passes for students. In order to promote more women drivers under BMTC (Bangalore Metropolitan Transport Corporation), 1,000 women will be provided training. KSRTC (Karnataka State Road Transport Corporation) to get 10 double-decker buses for inter-city operations.

Road safety

In order to reduce road accidents in Karnataka, a grant of Rs 150 crore has been allocated for Road Safety Works under various schemes.

Building Dynamic Ecosystem

• Karnataka Innovation Authority to be set up under the chairmanship of Chief Minister
• Centre for Excellence in Design to be set up to design products and enterprises
• Legal innovation framework to be set up to ensure no legal impediments in new and emerging technologies
• Skill upgradation programme for women in IT sector, who come back to work after long break/maternity leave. 

Towards smoke free kitchens

• Mukhyamantri Anila Bhagya Yojana to benefit 30 lakh people at a cost of Rs 1,350 crore
• Gas connection along with two gas stoves and refill cylinders to be provided free of cost.

Also Read: 

Sops galore for backward classes, dalits, minorities in Karnataka budget 2018-19

CM announces free LGP gas connections for 30 lakh poor; health scheme for all

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 26,2024

DevegowdaHDK.jpg

Bengaluru: The Janata Dal (Secular) is grappling with its most tumultuous political crisis yet, with speculation rife about imminent defections among its lawmakers. This storm comes in the aftermath of party scion Nikhil Kumaraswamy's humiliating defeat in the Channapatna bypoll—his third consecutive electoral loss after setbacks in Mandya (2019) and Ramanagara (2023). With the regional party’s Assembly tally shrinking to 18 from 19, questions are being raised about its survival.

The murmurs of rebellion were amplified on Monday when Health Minister Dinesh Gundu Rao and Congress MLA CP Yogeshwar openly hinted at possible desertions within the JD(S) ranks. Yogeshwar, newly elected from Channapatna, declared he could orchestrate a migration of JD(S) MLAs to Congress. “I’ll meet them at the Belagavi session. Within a month, they’ll be in Congress,” he confidently stated during a televised interview. Yogeshwar has a history of engineering defections, having played a pivotal role in the collapse of the JD(S)-Congress coalition government in 2019 during his stint with the BJP.

Dinesh Gundu Rao, not mincing words, slammed the JD(S) leadership for fostering "self-serving politics," criticizing the HD Deve Gowda family for failing to nurture party talent. “There’s no trust. Their MLAs will seek survival—either in BJP or Congress,” he remarked.

Meanwhile, the expelled JD(S) state president CM Ibrahim added fuel to the fire by claiming that 12-13 MLAs are "disillusioned" with the current leadership. Speculations around senior JD(S) leader GT Deve Gowda joining Congress have also intensified. DK Shivakumar, Karnataka’s Deputy CM and Congress president, described GT Deve Gowda as a “valuable leader” who might be frustrated with the party’s internal dynamics.

While Congress leaders seem eager to poach JD(S) legislators, the BJP is not far behind in targeting the floundering party. The situation signals a decisive moment for the JD(S), as its survival now hinges on how it manages this brewing storm of discontent.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 18,2024

resort.jpg

Mangaluru: The Ullal police have arrested Manohar, the owner of Vazco Beach Resort, and its manager Bharath in connection with the drowning of three college girls from Mysuru at the resort’s swimming pool on November 17.

City Commissioner of Police Anupam Agrawal confirmed the arrests, stating that a case has been registered under Section 106 of BNS. The bodies of the victims, all in their twenties, have been handed over to their parents. The women had arrived at the resort for a weekend getaway on November 16.

Following the tragic incident, the resort was sealed by officials led by Mangaluru Assistant Commissioner Harshavardhan. The trade license of the resort, issued on June 13, 2024, has been suspended, and the tourism department has temporarily revoked the resort's registration. These actions prohibit the resort from engaging in any tourism-related activities until further notice.

Someshwara TMC Chief Officer stated that the suspension was due to the resort's failure to implement adequate safety measures, which resulted in the loss of three lives. Further investigations are underway.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 21,2024

adani.jpg

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.