Supplementary budget of Rs 10,265 crore passed

Team Udayavani, Sep 24, 2021, 7:51 AM IST

Bengaluru: The Karnataka Appropriation Bill, 2021 pertaining to an estimated supplementary budget of Rs 10,265.33 crore was passed by the state Assembly.

The budget is towards defraying several charges that will come in the course of payment during the financial year 2021-22. It authorises payment and appropriation of certain further sums from the consolidated fund of Karnataka for services of the current fiscal.

Leader of Opposition Siddaramaiah during the discussion said that the supplementary budget has been introduced at a time when the state’s revenues are affected due to various reasons.

He said the GST compensation is not coming properly. Further, the finance minister has announced that the GST compensation may be stopped from 2022.

Siddaramaiah also underlined the need to stop wasteful expenditure.

Agreeing with him, Chief Minister Basavaraj Bommai said he has asked his officers to curtail expenditures by five per cent.