Banking Business Karnataka

K’taka CM Yediyurappa presents 8th budget in assembly

(G.N.S) Dt. 8

Bengaluru

Karnataka Chief Minister B.S. Yediyurappa presented his eighth State Budget at noon on Monday. The Chief Minister, who holds the finance portfolio, had already indicated that the effect of COVID-19 would be visible on the budget. “Amid the COVID-19 situation, we have to ensure development in all the districts across Karnataka. This time emphasis would be on women empowerment, tourism, agriculture and irrigation,’ the CM had said.

In his eighth budget speech, Karnataka Chief Minister BS Yediyurappa said, “Decision not to increase Karnataka Sales Tax (KST) on petrol and diesel in the year 2021-22.”

Chief Minister BS Yediyurappa in his budget speech announced one Goshala for each district for the protection of cattle wealth in the state.

Yediyurappa also announced continuation of ‘Anugraha Koduge’ scheme which provides compensation for the accidental death of sheep and goats.

Chief Minister BS yediyurappa in his budget speech announced implementation of programme with an outlay of Rs.500 crore for the promotion of organic farming.

“Under Atma Nirbhar Bharat Abhiyan scheme, a food park will be established in Ittangihal village of Vijayapura district. Reservation for children of farmers in the agricultural universities to be increased to 50%,” Yediyurappa said.

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