Karnataka chief minister Siddaramaiah on Friday presented the budget of the ruling Congress since it swept to power in May’s Assembly election. The CM – who created a record by tabling a 14th budget as the state’s finance minister – presented a document with an outlay of over тВ╣3.27 lakh crore and, among several big-ticket announcements, was one that promised тВ╣30,000 crore for the Metro in state capital Bengaluru, which is called Namma Metro. The fund is way more than what the project received last year, i.e тВ╣2,014 crore, as per a report.
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Siddaramaiah also said approximately тВ╣52,000 crore would be spent annually to meet the Congress’ five poll ‘guarantees’ – promises made to voters ahead of the election – and that these ‘guarantees’ would benefit 1.3 crore families.
Other announcements
Excise duty on liquor has been hiked by 20 per cent, meaning alcohol will now become that much more expensive.
тВ╣10,460 crore has been allocated for the food department.
Bengaluru gets тВ╣45,000 crore.
Indira food canteens- which offer subsidised meals at тВ╣10- will receive тВ╣100 crore.
The women and child development department will get тВ╣24,166 crore.
The Gruha Lakshmi scheme- under which a cash incentive of тВ╣2000 per month will be given to eligible women for one year-will get тВ╣24,166 crore.
