Thread by @akramtalk

CM @BSYBJP starts his budget speech highlighting the widespread destruction by floods. "Facing floods and droughts at the same time," he says
@DeccanHerald

Centre's revised estimates reduced State's share of central taxes by Rs 8,887 cr. This was apart from Rs 3,000 cr pending as GST compensation. Therefore, State forced to cut funds of various departments: CM in budget speech
@DeccanHerald

CM
@BSYBJP
says State under severe stress to mobilise resources. "We have not faced such a situation before,"he says, over reduced allocation in 15th Finance Commission to Karnataka.
@DeccanHerald
#BudgetwithDH

State to have a new Agriculture policy for all round development of agriculture sector. Similarly, a policy will be introduced to improve soil health to boost agriculture: CM
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10 cold storage units of 5,000 metric tonne capacity to come up under PPP model to benefit horticulture crops. (0 per cent subsidy for drip and sprinkler irrigation.
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Bound to implement Mahadayi project, says CM. Rs 500 cr to be allocated for Kalasa-Banduri project.
Silt problem at Tungabhadra reservoir - Rs 20 cr for DPR on a balancing reservoir to address the problem.
Rs 5,000 cr for lift irrigation project.
@DeccanHerald #BudgetwithDH

To ensure minimum support price for crops, contingency fund to be increased to Rs 2,000 cr, announces CM
Allocation of Rs 32,259 cr in total for agriculture sector. #BudgetwithDH @DeccanHerald

Steps to be taken to ensure at least 25 per cent seats of government residential schools is allotted to students from the same taluk: @BSYBJP

Rs one lakh cash prize for SC and ST toppers in each district. Rs 60 allocated for the purpose.
@DeccanHerald #BudgetwithDH

In 10 cities including Bengaluru, many un-authorised slums are present. Rs 200 cr allocated to provide infrastructure in slums, says CM.

To reconstruct 3,386 schools damaged by floods, Rs 758 cr will be spent with assistance from NABARD
#BudgetwithDH @DeccanHerald

In another new initiative, students need not take bags to school on every second Saturday. 'Sambrama Shanivara' for extracurricular activities. @DeccanHerald #BudgetwithDH

For the first time, Childrens budget to be presented. Rs 36,000 cr projects under the budget. Funds to be spent for overall development of children, says CM.
Presents the first children's budget. @DeccanHerald #BudgetwithDH

Baseline survey of transgenders to be conducted in the State through Karnataka State Women Development Corporation.
@DeccanHerald #BudgetwithDH

Electric Vehicles and Energy Storage Manufacturing Unit at Rs 10 cr in Harohalli, Ramanagar taluk. Defence and Aerospace Equipment Manufacturing Cluster at Haralur-Muddenahalli of Bengaluru Rural distrct.
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To facilitate government departments to function kin one building, a "Twin-Towers" building with 25 storeys will be constructed at Anand Rao Circle, at a cost of Rs 400 cr
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"Artificial Intelligence Research Translation Park" to come up at @iiscbangalore to promote AI research and innovation. Corpus grant of Rs 60 cr for the next three years.
@DeccanHerald
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Centre of Excellence in "internet of ethical things", for which State to provide Rs 30 cr in five years.

In a step to reduce air pollution, Flue Gas Desulfurization systems will be developed at Raichur, Ballari and Yarmaras thermal power stations ar Rs 2,510 cr.
@DeccanHerald
#BudgetwithDH

Rs 55,732 cr provided for stimulating economic growth, says CM @BSYBJP

To prevent flooding during rainy season at few residential areas, Rs 200 cr to fill the missing gaps in major storm water drain network.
@DeccanHerald #BudgetwithDH

11.5 MW 'waste to energy' power generation centre at Bidadi at an estimated cost of Rs 210 cr.

Extension of two metro lines - from Mysore Road to Kengeri, and Kanakapura Road upto Anjanapura to be commissioned in 2020. @cpronammametro
@DeccanHerald
#BudgetwithDH

State to grant Rs 100 cr to add 500 ordinary electric buses to @BMTC fleet. @DeccanHerald
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Rs 500 cr to develop 12 high density zones measuring 190 km, which contribute to 80 per cent of traffic congestion in the city. @DeccanHerald
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A total of Rs 8,772 cr for Bengaluru development in the budget, says @BSYBJP
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Government to provide Rs 20 cr for Ananthkumar Foundation to inculcate leadership and values among youth. Rs 10 cr of the fund to be provided in 2020-21.

100 feet high bronze statue of Nadaprabhu Kempegowda to be erected near KIAL Airport at a cost of Rs 66 cr.
@DeccanHerald #BudgetwithDH

Green Index developed by Department of Environment and Ecology to measure all government schemes in a bid to make all schemes environmental friendly.
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Vulture Breeding Centre in vulture sanctuary at Ramanagar district at Rs two cr, and first marine eco park at Uttara Kannada district at a cost of Rs one cr.
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A new traffic sub-division to be established in Whitefield, Bengaluru, announces @BSYBJP
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For the education of children of auto drivers, upto Rs 2,000 will be provided for each family every year. Rs 40 cr allocated for the purpose.
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Rate of Tax on petrol to increase from 32% to 35% and diesel from 21% to 24%.
In effect, Petrol prices to increase by Rs 1.6 per litre and diesel by Rs 1.59 per litre.
@DeccanHerald
#BudgetwithDH

Revenue Collection target for Commercial Taxes Department set at Rs 82,443 cr.
Target for Stamps and Registration Dept, Rs 12,655 cr
Target for Excise Dept Rs 22,700 cr
Target for Transport Dept set at Rs 7,115 cr
@DeccanHerald
#BudgetwithDH

Budget estimates
Total receipts - Rs 2,33,134 lakh cr
Total Expenditure - Rs 2,37,893 cr

Fiscal deficit expected to be Rs 46,072 cr, which is 2.55 per cent of GSDP. Total liabilities at Rs 3,68,692 cr, which is 20.42 per cent of GSDP.
All fiscal parameters within mandate of Karnataka Fiscal Responsibility Act, says CM
@DeccanHerald
#BudgetwithDH