Increased the budgetary allocation for welfare programmes to Rs 1,20,373cr , says Karnataka CM Siddaramaiah bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
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BUDGET: No new taxes; No rise in State sales taxes on petrol, diesel
March 8, 2021
Bengaluru: Faced with a mammoth financial challenge, Chief Minister B.S. Yediyurappa, who holds the Finance portfolio, presented the Karnataka Budget for the 2021-22 fiscal this morning at the Legislative Assembly.
His Budget speech
Karnataka Vikasa Patra 2021 began at 12.05 pm. Yediyurappa presented the eighth Budget in his political career and the third during his present term as the Chief Minister since July 2019. Before presenting the Budget, Yediyurappa visited Sri Raghavendraswamy Mutt at Seshadripuram and offered pujas.
As soon as the CM rose to present the Budget, Congress, under the leadership of former CM Siddharamaiah, disrupted the proceedings and staged a walkout and claimed that the Government had no “moral right” to present the Budget.
- Increase in reservation from 40% to 50% to the farmers’ children in the Agricultural Universities.
- Subsidy being given to the small tractors is extended for 25 to 45 HP tractors.
- Under Atma Nirbhar Bharath Abhiyan subsidy at 35% from Central Government together with an additional subsidy of 15% from State Government to agro-processing and post-harvest management units.
- A sum of Rs. 25 crore is reserved for research in yellow leaf disease of areca nut and encourage growing alternate crops.
- The high-tech cocoon market will be built in Ramanagar at an expenditure of Rs.75 crore.
- Goshala will be established in every district for the protection of Cows.