Karnataka budget: Rs 2 crore for increasing female calves through artificial impregnation

Budget

It follows the central government's launch of the Nationwide Artificial Insemination Programme (N.A.I.P) in September 2019.

TNM Staff

PTI

The Karnataka government on Thursday approved Rs 2 crore for increasing the population of female calves in the state through artificial impregnation.  The impregnation will be done from gender determined spermatic cord to obtain more than 90% female calves from the milching (milk yielding) cows of the state.  The announcement was made by Karnataka Chief Minister BS Yediyurappa while revealing the state budget for the fiscal year 2020-21. It follows the central government's launch of the Nationwide Artificial Insemination Programme (N.A.I.P) in September 2019.  Within the first two months of the programme's launch, 3.8 lakh artificial inseminations were performed, a press statement issued by Ministry of Fisheries, Animal Husbandry & Dairying claimed. The programme was launched in 28 states and the high performing states released by the central government did not include Karnataka. It included Telangana, Gujarat, Andhra Pradesh, Bihar, Uttarakhand and Jharkhand. The central government's programme aims to inseminate over 1 crore calves and tag them with 'PashuAadhaar', an identification provided to the animals to allow the government to track them with details like breed, age, gender and owner. Each bovine can be tracked through the Information Network on Animal Productivity and Health (INAPH) database.   

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Stamp duty on new flats costing less than Rs 20 lakh to be reduced to 2%: Yediyurappa

KARNATAKA BUDGET

Facility to pay the stamp duty online will also be made available from the new financial year, the CM said while presenting the state budget.

IANS

File photo

To promote affordable housing, stamp duty on new flats or apartments costing less than Rs 20 lakh would be reduced from 5% to 2% from April 1, Karnataka Chief Minister BS Yediyurappa announced on Thursday. “I propose to reduce stamp duty on first time registration of new flats or apartments costing less than Rs 20 lakh to 2% from 5%,” the Chief Minister (CM) said while presenting the state budget for the ensuing fiscal 2020-21 in the Legislative Assembly. The state revenue department has collected Rs 10,248 crore till February, which is 87% of the annual target of Rs 11,828 crore fixed for the fiscal 2019-20 a year ago. The revenue collection target for fiscal 2020-21 is fixed at Rs 12,655 crore. Facility to pay the stamp duty online will also be made available from the new financial year, the CM said. “As online registration of bank and NBFC (non-banking financial companies) loan documents will be facilitated through national e-Governance Service Ltd, stamp duty can be paid online from the new fiscal,” Yediyurappa told the lawmakers in the House. The Kaveri software of the Stamps and Registration department will be integrated with the e-Aasthi (property) application of the state Urban Development department. “The Kaveri-2 software application will be developed in the new fiscal for registering immovable property documents,” the CM added. The state budget prioritised solid waste management, public transport and traffic management in Bengaluru, allocating Rs 8,772 crore for the development of the capital city, of which Rs 8,344 crore is allotted for the CM’s Nava Nagarottana Scheme. Pointing out that the state is facing a financial crisis, Yediyurappa said, “It has become difficult to reach the 2019-20 budget targets due to these reasons. To manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, an inevitable situation has arisen this year to cut down the expenditure of many departments. We have never witnessed such financial crisis as we have this year,” he said. Also read: Karnataka Budget: Fuel and liquor to be more expensive starting from April 1

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'Unprecedented financial crisis': BSY blames reduced central taxes, GST compensation

Karnataka Budget

The reduction in the state’s share in central taxes has amounted to Rs 8,887 crore.

TNM Staff

PTI

Chief Minister BS Yediyurappa said that the Karnataka government is facing a financial crisis like never before. The Chief Minister laid out the myriad reasons for fall in revenue ranging from the 15th Finance Commission’s recommendations on tax distribution to lack of adequate GST compensation. Karnataka generates revenue from the state’s own taxes, non-tax revenue, share of Central taxes and grants from the Central government. However, in the 2019-20 fiscal, Karnataka’s share in central taxes dropped drastically as per the Centre’s revised budget estimates, BS Yediyurappa said in the Assembly on Thursday. The reduction in the state’s share in central taxes has amounted to Rs 8,887 crore. Apart from this, Yediyurappa announced that Rs 3,000 crore GST compensation was also reduced in the previous fiscal. “It has become difficult to reach the 2019-20 budget targets due to these reasons. To manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, an inevitable situation has arisen this year to cut down the expenditure of many departments. We have never witnessed such financial crisis as we have this year,” he said. As per the interim report submitted by the 15th Finance Commission, the state’s share in central taxes dropped to 3.64% as opposed to the allocation of Rs 4.71% fixed by the 14th Finance Commission. This has cost the state government an additional Rs 11,215 crore. Chief Minister Yediyurappa also pointed out that the lack of revenue in taxes from the Information Technology Services sector has also contributed to the fall in revenue. Yediyurappa said that the IT sector contributes to 25% of Karnataka State’s Gross State Domestic Product (GSDP) and since there is a tax exemption on the export of Information Technology Services, the state government has been ranked very low in the income distance parameter and there is drastic reduction in State’s share of revenue. “The allocation recommendation of the 15th Finance Commission is limited to one year only and the complete report for the period 2021-22 to 2025-26 will be submitted in October 2020. Our Government will soon submit a revised memorandum to the 15th Finance Commission to set right the loss caused to the State with regard to allocation for the year 2020-21 and to give more allocation for the period from 2021-22 to 2025-26,” Yediyurappa added.   Earlier this week, the Centre reportedly released Rs 2,013 crore as first instalment of GST compensation for October-November to Karnataka. The second instalment of Rs 1,523 crore is also expected to be released shortly.     

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More buses, metros and 'clean Bengaluru' plan: City gets Rs 8,772 crore in budget

Karnataka Budget

Bengaluru Metropolitan Transport Corporation (BMTC) will purchase 1500 diesel buses at a cost of Rs 600 crore in order to accommodate BMTC’s fleet.

TNM Staff

Chief Minister's Office

The Karnataka state budget presented on Thursday in the Assembly has prioritised solid waste management, public transport and traffic management in Bengaluru. The state government has allocated Rs 8,772 crore for Bengaluru’s development of which Rs 8,344 crore has been approved for the Chief Minister’s Nava Nagarottana Scheme. The state government has also proposed bringing in a new Municipal Corporation Act that outlines governance of Bengaluru City alone, in view of the issues plaguing the city’s administration. Public Transport Bengaluru Metropolitan Transport Corporation (BMTC) is purchasing 1500 diesel buses at a cost of Rs 600 crore in order to accommodate BMTC’s fleet for the current population of the city. The state government will provide Rs 100 crore per annum for seven years in the form of a loan subsidy to BMTC for acquiring the new buses. The state government has proposed the extension of two metro lines spanning 12.8 km from Mysuru Road to Kengeri, and between Kanakapura Road and Anjanapura township. The works will be commissioned this year. The CM also announced the construction of skywalks at 24 metro stations for commuters. The government has also proposed the construction of a 56-km Outer Ring Road from Central Silk Board junction to Bengaluru International Airport via KR Puram and Hebbal. The project is estimated to cost Rs 14,500 crore and works will begin this year. The government has also commissioned the preparation of a detailed project report (DPR) for the construction of a 44-km metro line from Hebbal to JP Nagar. The state government also allocated Rs 500 crore for the suburban rail network. The government has also announced adding 300 air-conditioned electric buses BMTC’s fleet and Rs 100 crore has been allocated for adding 500 ordinary electric buses to the fleet of the corporation. The government has proposed introducing electric bike taxis as a last mile connectivity solution. It has also proposed 12 new Bus Priority Lanes. The state government has proposed establishing an ‘Integrated Multi Modal Transport Hub’ in the outskirts of Bengaluru city, to reduce heavy vehicle density in the city. Clean Bengaluru The state government has allocated Rs 999 crore for solid waste management under “Clean Bengaluru” scheme. Chief Minister  BS Yediyurappa announced that the works under this scheme will begin from the 2020-21 fiscal itself. “Lakes are getting polluted with sewage water making its way into them. In order to prevent this and also for comprehensive development of lakes, an action plan of Rs.100 crore has been approved under “Shubhra Bengaluru”,” BS Yediyurappa said. In the previous budgets, Rs 317 crore was already earmarked for lake development. The Rs 100 crore will be added to the existing fund for lake rejuvenation under the Chief Minister’s Nave Nagarottana scheme. The government has allocated Rs 200 crore for desilting storm water drains in the city in order yo avoid flooding of low-lying areas during the monsoon. Bengaluru Water Supply and Sewerage Board (BWSSB) is already constructing water supply pipeline and a sewage system in the 110 villages merged that were added to BBMP limits. The state government has allocated Rs 1,000 crore for reconstruction of roads damaged due to the construction works. The fund will be released in two equal instalments over the next two years. The government has also proposed to modernise existing sewage treatment plants (STPs) and increase the capacity to processing capacity of the STPs to 1587 million litres by the end of 2020-21. An allocation of Rs 1,000 crore has been set aside for this project. Rs 5,500 crore has also been allocated for the 5th Phase of Cauvery Water Supply scheme.      

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Sunil Joshi appointed new BCCI chief selector, congratulations pour in

Sport

The Karnataka State Cricket Association (KSCA) led the tributes for 49-year-old Sunil, who played for the state Ranji team.

TNM Staff

Former India left-arm spinner Sunil Joshi was lauded on Wednesday after he was named chairman of the national selection panel by the BCCI's Cricket Advisory Committee (CAC). "The committee recommended Mr Sunil Joshi for the role of Chairman of the senior men's selection committee," read a statement from BCCI (Board of Control for Cricket in India) Secretary Jay Shah.   BCCI announces Mr. Sunil Joshi and Mr. Harvinder Singh as members of the All-India Senior Selection Committee (Men). More details — BCCI (@BCCI) March 4, 2020 The Karnataka State Cricket Association (KSCA) led the tributes for 49-year-old Sunil, who played for the state Ranji team. "We the office bearers and the managing committee members of the KSCA congratulate Sunil Joshi on being selected as chairman of the BCCI senior selection Panel. We are extremely happy and proud of his nomination. We wish him all the very best in his tenure as chairman of the Indian national selection Panel," Vinay Mruthyunjaya, Treasurer & Spokesperson of KSCA, said in a statement. The CAC, comprising Madan Lal, R P Singh and Sulakshana Naik, suggested the names of Joshi and Harvinder Singh for the position of the two India selectors that were left vacant after the tenures of M S K Prasad and Gagan Khoda got over. The trio met at the BCCI headquarters in Mumbai on Wednesday and while they recommended the name of Joshi for the chief selector's post, Harvinder is the other name they have picked out of the list which also included Laxman Sivaramakrishnan, Venkatesh Prasad and Rajesh Chauhan. Congratulatory messages poured in for Sunil from fans, players, and BCCI officials alike.  Congratulations to Sunil Joshi for becoming chairman of the senior selection committee of BCCI Currently he is the coach of UP Ranji team so we are delighted to to get this news His contribution to cricket is immense Good choice @SunilJoshi_Spin — Rajeev Shukla (@ShuklaRajiv) March 4, 2020 NEWS: Former Karnataka captain Sunil Joshi (@SunilJoshi_Spin) will replace MSK Prasad as Chairman of the senior men’s selection committee. — Karnataka Ranji Team║ಕರ್ನಾಟಕ ರಣಜಿ ತಂಡ (@RanjiKarnataka) March 4, 2020 The existing members of the selection panel are Jatain Paranjpe (West), Devang Gandhi (East) and Sarandeep Singh (North). Sunil played 69 ODIs (one-day internationals) and 15 Tests for India between 1996 and 2001, picking up 69 and 41 wickets respectively.  With inputs from IANS  

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Karnataka Budget: Fuel and liquor to be more expensive starting from April 1

Budget

The CM proposed to increase the rate of tax on petrol from 32% to 35% and diesel from 21% to 24%.

Soumya Chatterjee

PTI/ Representational Image

Following the tradition set by his predecessors of increasing liquor prices in a bid to add to the state revenue, Karnataka Chief Minister BS Yediyurappa on Thursday proposed to increase the additional excise duty (AED) by 6% on average. “I propose to increase the existing rates of Additional Excise Duty on Indian Made Liquor by 6 per cent across all 18 slabs,” he told the Assembly, adding that this would help to achieve a revenue target of Rs.22,700 crore fixed for the financial year 2020-21. This proposed hike is aimed to give the state an increased revenue of Rs 1750 crore compared to the previous fiscal target. According to the proposed change, the price for a carton (9 litre) of liquor costing up to Rs 449 (lowest slab) will be increased by Rs 9 and price of cartons costing Rs 15001 (highest slab) will be increased by Rs 192. Similarly, the CM proposed to increase the rate of tax on petrol from 32% to 35% and diesel from 21% to 24%.  “By this measure, there will be an increase in the price of petrol by Rs.1.60 per litre and that of diesel by Rs.1.59 per litre. Even after this increase, the price in Karnataka will be comparable to other neighbouring states,” the CM said. Incidentally, for the current Financial Year 19-20, at the end of February, Rs.19,701 crore has been collected out of a revenue target of Rs. 20,950 crore. At the outset of his budget speech, Yediyurappa said as per revised union budget estimates, there is a reduction of Rs.8,887 crore to Karnataka as part of the state’s share in central taxes. Additionally, the CM said there will be a shortfall of Rs 3,000 crore in GST (Goods and Services Tax) compensations as a result of reduced collections.  Further, the CM said an overall reduction of the share of central taxes has been decided for the financial year 2020-21 with the 15th Finance Commission reducing the state’s share to 3.64% from 4.71%. And the hike in rates of both fuel and liquor will be to offset the loss from the reduction in central taxes.

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Samples of 5 individuals in Bengaluru are negative for coronavirus disease

Coronavirus

A total of 29 positive cases have been confirmed in India as of Thursday.

TNM Staff

Representative Image

In a relief for officials, five suspected cases of coronavirus, who were admitted to the isolation ward at Rajiv Gandhi Chest Diseases Institute in Bengaluru earlier this week, have tested negative for the disease. “We were awaiting the test results of two individuals who were in isolation and I’m glad to announce that they have both returned negative for the virus,” according to a doctor from the hospital. The two who had been in isolation returned to India recently from Saudi Arabia and Japan respectively. The first two samples to return negative were that of two individuals who were suspected to have contracted the disease. Shortly thereafter, an Iranian national who had traveled to Bengaluru was also admitted to the hospital with symptoms. However his report too returned negative for the coronavirus. Earlier this week, a Hyderabad-based techie was found to be positive for the virus, shortly it was found that he had recently traveled from Dubai to Bengaluru before returning to his home in Hyderabad. The 24-year-old man is undergoing treatment at a government hospital in Hyderabad. In the meantime, health officials from Karnataka began using contact tracing methods to track down those who had possibly been in touch with the infected man. Those found to have been in touch with him were either placed under home quarantine or instructed to follow other measures as deemed necessary. As of Thursday, there are 29 positive cases in India. Telangana and Delhi have each reported one case, both of which are stable. There are six individuals in Agra plus 14 Italians tourists and their Indian driver who have all tested positive for coronavirus disease. An Italian tourist and his wife who are in Jaipur have also been confirmed to have contracted the infection. An employee of PayTM based in Delhi was also found to be positive on Wednesday. While there were three positive cases reported from the state of Kerala earlier, all of them have made a full recovery and have been sent home. On Thursday, state Health Minister KK Shylaja announced that the three people were now allowed to freely move around.

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