Chief Minister Jagdish Shettar presented the 2013-2014 state budget on Friday.
Key
Karnataka will grow at 8.9% he says. He did not spell out how this miracle will occur.
Shettar proposes to spend Rs 1.17 crores on developmental activities this year.
IT exports to touch Rs 4 lakh crores by 2020, says namma CM.
RS 250 CRORE (not 100 as reported earlier) ALLOTTED FOR RELIGIOUS ORGANISATIONS. Shettar continues what BSY started.
What’s up
Liquor goes up. Otherwise not much focus on taxes.
Bangalore
City development gets a total of Rs 6,203 crores. Bangalore contributes 30% of Karnataka's GDP. What it gets in return is peanuts. State should pay more attention to its cash cow.
Metro phase 2 gets Rs 8,69 crores.
Rs 2,400 crores to develop Kempe Gowda layout; 15,000 sites to be allocated
Okalipuram- Khoday circle to get a grade separator
Hebbal, Doddanekundi and Ibbalur to get flyovers
Rs 300 crore for road works; Rs 2,500 crore for peripheral ring road
New flyovers at Chalukya, Shivananda and Siddalingiah circles
200 crores to BBMP for infrastructure; Dialysis centres in all constituencies
Rs 500 crores to build grade separators to manage traffic
Sector-wise allocation
Allocation to agriculture goes up to 22, 310 crore
Education - 18,666 crores; Revenue - 3,440 crores; Commerce and Industry - 936 crores; Horticulture – Rs 1,310 crores.
Schemes
Escoms get Rs 5,250 crores to provide free electricity to farmers with up to 10 hp motors
State Spice Board to be set up – Rs 10 crores allocated for that.
Schools to develop vegetable gardens to address malnutrition among students
Women to get concessional loan at 4%
Rs 3,630 crores allotted to waive off principal and interest on agricultural loans.
Children libraries in all dsitricts
Institute of Technology in Dharwad
Spiritual Sansad Bhavan to come up at Kengeri
Scheme to legalise illegal pumpsets to continue
Green Boards to be set up to promote solar power