Karnataka Budget 2021: Big gift for Ram Temple Ayodhya pilgrims - All details here
Karnataka Budget 2021: Reading out Karnataka Budget for 2021-22, CM BS Yediyurappa announced to establish gaushala in every district of the state to prevent the slaughter of cows and to conserve livestock.
Karnataka Budget 2021 Highlights: Karnataka CM BS Yediyurappa, who also holds the finance portfolio, has announced that his government will construct Yathri Nivasa in Ayodhya in Uttar Pradesh for devotees from Karnataka visiting the temple town. Yediyurappa government has allocated Rs 10 crores in 2021-22 Budget; says UP govt will provide 5-acre land.
Moreover, reading out Karnataka Budget for 2021-22, CM BS Yediyurappa announced to establish gaushala in every district of the state to prevent the slaughter of cows and to conserve livestock.
Karnataka government, in its Budget, says revenue deficit is estimated to be Rs 15,134 crores during Financial Year 2021-22.
Also, Karnataka Chief Minister BS Yediyurappa, while presenting the state budget 2021-22 on Monday, said he has not put the burden of additional taxes on the common people.
"The year 2020-21 due to COVID-19 pandemic has caused untold miseries to the general public. I am not willing to put the burden of additional taxes on the common people," Yediyurappa said. Presenting the Budget 2021-22 in the legislative Assembly, he said, the state government levies Karnataka Sales Tax (KST) on petrol and diesel and it is already lesser compared to the other southern states.
"Despite this in the 2021-22 budget, no taxes including Karnataka State Tax on petrol and diesel has been increased and the budget has been formulated in such a way so as not to increase the financial burden on the common man," he added.
Yediyurappa who also holds the Finance Portfolio presented the state budget, his eighth in the legislative assembly Monday.
The Chief Minister said, the Gross State Domestic Product (GSDP) has seen a fall due to lockdown for controlling the COVID-19 pandemic during the year 2020-21, and as per the initial estimation based on fixed prices the GSDP has contracted by 2.6 per cent in comparison with that of 2019-20.
He further stated that in spite of COVID and occurrence of floods in North Karnataka during 2020-21, growth of 6.4 per cent is observed in the agriculture sector and said however, the industrial and service sector witnessed a decline. "During 2020-21 contraction in the industrial sector is 5.1 per cent and in the service sector is 3.1 per cent," he added.
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