Karnataka Budget Highlights


Team Udayavani, Jul 5, 2018, 1:00 PM IST

Bangaluru: Chief Minister HD Kumaraswamy is presenting the Congress-JDS coalition government’s maiden budget at Vidhana Soudha here today.

The budget preparations were made based on the Common Minimum Programme of the coalition partners.

Budget Highlights:

Size of the 2018 Budget: Rs 2,13,734 crore

Rs 150 crore will be allotted for adopting Israel method of farming.

Israel model of irrigation to be adopted across 5000 hectares each in Karwar, Tumakuru, Yadgir and Haveri.

Congress government ‘bhagya’ schemes will continue.

Annabhagya scheme: Quantity of rice cut from 7 kg to 5 kg

4% rise in liquor tax

Fuel price rise; Petrol-Rs 1.14, diesel – Rs 1.12

Power tariff rise by 20 paise per unit

Rs 34,000 crore will be allotted towards farm loan waiver

Bellandur Lake rejuvenation project – Rs 50 crore alloted

‘I have decided to limit the loan amount to Rs 2 lakhs’- HDK

Film University to be set up at a cost of Rs.30 cr at Ramanagara

Rs 25 cr towards Mutts (selected)

Rs 15825 cr for six elevated corridors across Bengaluru

Education: Rs 26581 cr; Water resources: Rs 18142 cr; Urban development: Rs 17727 cr; Energy: Rs 14499 cr; Social Welfare: Rs 14123 cr; PWD: Rs 10200 cr

Rs 190 crore for a scheme to safeguard interests of coconut growers

Kayaka scheme: Loan of up to Rs 10 lakh to enhance skill development and entrepreneurship skills in SHGs on cluster model or individually

Rs 150 cr allotted to repair govt primary, high-school and PU college buildings

Rs 25Cr set aside for Karnataka Brahmin Development Board

Pregnant women from BPL families to get Rs 1,000 aid per month

Anganwadi centres under women and child welfare department will be strengthened as ‘Balasnehi’ centres.

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