Union finance minister Nirmala Sitharaman on Wednesday said the centre will provide тВ╣5,300 crore assistance to the drought-prone regions of Karnataka for irrigation purposes. Sitharaman was speaking in Parliament while presenting the union budget for the fiscal year 2023-24. This is the last full-year budget before the 2024 Lok Sabha election.
The тВ╣5,300 crore assistance to the poll-bound southern state was part of the centre’s second priority: тАШreaching the last mileтАЩ. тАЬThe centre will provide тВ╣5,300 crore assistance to drought-prone central region of Karnataka,тАЭ announced Sitharaman.
Karnataka is set to go into assembly elections in April – May this year.
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The finance minister is expected to tweak income-tax slabs to provide relief to the middle class, apart from which, the top priorities in the budget would be: inclusive development, infrastructure and investment, тАЬunleashing the potentialтАЭ, green growth, youth power and financial sector.
