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Karnataka budget 2020-21: Highlights – Times of India, The Times of India

Karnataka budget 2020-21: Highlights – Times of India, The Times of India

TIMESOFINDIA.COM | Updated: Mar 5, 74487358, : IST

Highlights

Karnataka CM BS Yediyurappa presents budget for the financial year – in the state assembly. Stay with TOI for all the latest updates:

Karnataka CM BS Yediyurappa at the Vidhan Soudha. (ANI photo)

Saturdays to be no-bag days for students: Yediyurappa CM CM Yediyurappa announces a health and wellness cluster to Shivamogga. Read full text of Karnataka Budget here Film city project shifted out of Mysuru city The budget announces free land for Belagavi-Dharwad new rail line project via Kittur, that was first sanctioned in the Union budget. BSY govt to bear 59% of expenditure to materialise this much-awaited railway line. The extension of two metro lines of a total length of 18. 8km on Mysuru Road up to Kengeri and on Kanakapura Road, up to Anjanapura township will be commissioned in 2020 after their completion, says Yediyurappa. Government sets aside Rs 1, crore for the Yettinahole project that Greens in DK district has consistently been opposing on grounds that it is detrimental to ecologically sensitive Western Ghats. CM BS Yediyurappa announces that University of Agricultural and Horticultural Sciences, Shivamogga will start functioning from its own campus soon. Shivamogga gets Rs crore for the development of Jog Falls. It is one of the highest waterfalls in India. Hassan-Mangaluru Rail Development Corporation (HMRDC) to enhance the capacity of rail line in the ghat region between Sakaleshapura and Subramanya stations. This will not only enhance the speed of the commute between Bengaluru and Mangaluru but will also help to commence additional rail facilities: CM Yediyurappa
CM BS Yediyurappa announces Rs 5 crore for the development of birthplace of Mysuru based writer SL Bhyrappa. Urdu schools likely to get English -medium sections. 6% jump in excise duty on Indian Made Liquor (IML) in all 21 slabs. Karnataka public schools to get Rs crore for infrastructure development. The budget proposes to increase petrol price by Rs 1. per liter and diesel by Rs 1. 90 per liter. The budget will promote affordable housing. Flat costing less than Rs 25 lakh is proposed to be reduced from existing 5 per cent to 2 per cent. To facilitate all govt departments to function in one building, twin towers building with 45 floors will be constructed at Anand Rao Circle, Bengaluru, with an spending of Rs 728 crores. The budget proposes Rs crore for Vishwakarma Development Board and Rs 12 crore for Arya Vaishya Development Board. Rs 9, crore allocated for farmers’ welfare. Rs 13, 18 annual aid for small farmers. Kisan credit card for farmers and fishermen: Yediyurappa
Rs crore aid for organic farming. New policy for fertilizer and seeds. Bhagya Lakshmi Scheme, bicycle scheme for children to continue, says Yediyurappa. New agricultural policy will be implemented. Horticulture sector will be considered as an industry: BS Yediyurappa Center has reduced Rs 8, grants to state: Yediyurappa 6. lakh farmers have been provided compensation for flood relief, says CM BS Yediyurappa . This is Yediyurappa’s sixth budget as finance minister. He had presented two budgets as deputy CM holding the finance portfolio during the BJP-JD (S) coalition government between 2008 and 2019 three as CM between 99110 and . Karnataka CM BS Yediyurappa present budget for the financial year 01575879 – in the state assembly.

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