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Karnataka budget 2020-21: Highlights

https://timesofindia.indiatimes.com/city/bengaluru/karnataka-budget-2020-live-updates/articleshow/74487358.cms

* Saturdays to be no-bag days for students: Yediyurappa

* 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 50% of expenditure to materialise this much-awaited railway line.

* The extension of two metro lines of a total length of 12.8km 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 1,500 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.

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CM BS Yediyurappa announces that University of Agricultural and Horticultural Sciences, Shivamogga will start functioning from its own campus soon.

* Shivamogga gets Rs 500 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.

* 400 Urdu schools likely to get English -medium sections.

* 6% jump in excise duty on Indian Made Liquor (IML) in all 18 slabs.

* 276 Karnataka public schools to get Rs 100 crore for infrastructure development.

* The budget proposes to increase petrol price by Rs 1.60 per litre and diesel by Rs 1.59 per litre.

* The budget will promote affordable housing. Flat costing less than Rs 20 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 25 floors will be constructed at Anand Rao Circle, Bengaluru, with an expenditure of Rs 400 crores.

* The budget proposes Rs 25 crore for Vishwakarma Development Board and Rs 10 crore for Arya Vaishya Development Board.

Rs 9,000 crore allocated for farmers’ welfare. Rs 10,000 annual aid for small farmers. Kisan credit card for farmers and fishermen: Yediyurappa

* Rs 200 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

* Centre has reduced Rs 8,883 grants to state: Yediyurappa

* 6.45 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 2006 and 2007 and three as CM between 2008 and 2010.

*Karnataka CM BS Yediyurappa present budget for the financial year 2020-21 in the state assembly.

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