Siddaramaiah to present record-breaking budget?


Team Udayavani, Jun 27, 2023, 9:50 AM IST

Bengaluru: Chief Minister Siddaramaiah on Monday said a total of Rs 59,000 crore to Rs 60,000 crore is required annually, for the implementation of Congress’ five poll ‘guarantees’.

He said, the fresh budget of the new Congress government, which he will be presenting on July 7, is likely to be of the size Rs 3,35,000 crore.

The Chief Minister, who also holds the finance portfolio, was speaking after inaugurating the training camp organised for the newly elected MLAs of the 16th Legislative Assembly.

“The first budget after independence was twenty-one crore three lakh rupees, today it is about three lakh nine thousand crore rupees. I will be presenting a new budget on July 7 it may be (of the size) three lakh thirty to thirty-five thousand crore rupees,” Siddaramaiah said.

Addressing the newly elected legislators, he said, “The present budget is around three lakh nine thousand eight hundred and ninety-six crore rupees, as I’m implementing five guarantees, I will have to provide rupees forty thousand crores for it, for the remaining period. A total of fifty-nine thousand to sixty thousand crore rupees is required for five guarantees.”

Noting that the previous BJP government had presented a budget in February by taking a vote on account for four months, the CM said, the budget he will be presenting on July 7 will come into force from August 1.

Urging the legislators to try to learn and understand budgets, he also asked them to learn about taxation, stating the rich should be taxed, not the poor.

The five guarantees are up to 200 units of free power to all households (Gruha Jyoti), Rs 2,000 monthly assistance to the woman head of every family (Gruha Lakshmi), 10 kg of free rice to every member of a BPL household (Anna Bhagya), Rs 3,000 every month for unemployed graduates and Rs 1,500 for unemployed diploma holders, both in the age group of 18-25 (YuvaNidhi), and free travel for women in public transport buses (Shakti).

While the government has already launched the scheme which will provide free travel for women in public transport buses, the other four schemes are in various stages of implementation, and the timeline has already been fixed for their rollout.

Speaker of the Assembly U T Khader, Chairman of Legislative Council Basavaraja Horatti, Housing Minister Zameer Ahmed Khan, and Assembly Secretary M K Vishalakshi was present at the inaugural of the training.

The Legislature Session is scheduled from July 3 to 14.

Suggesting that MLAs and MPs should understand the “meaning” of budget, the CM said, “In the 12th century, ‘Kayakayogi’ Basavanna spoke about budget. ‘Kayaka’ and ‘Dasoha’ are the key factors of the budget. Kayaka means production, Dasoha means sharing.”

He explained that the value of the budget is just understanding where the production is and to whom we distribute it in society.

The Assembly is the temple of democracy, Siddaramaiah said, as he called upon legislators to raise people’s problems effectively in the Lower House and develop a mindset to seek solutions.

Those who do not read and understand the Constitution cannot become good legislators and parliamentarians, he said, “So read the Constitution and understand its basic principles and objectives.”

“We made the rules of the House ourselves. He said that if you read and understand it properly, people’s problems can be brought before the house properly…We cannot make laws contrary to the Constitution. Therefore, reading the Constitution is essential,” he said.

Out of 224 MLAs, 70 have entered the Legislative Assembly for the first time. Former MP and former Union Minister K H Muniyappa (now a minister in state government), and former Minister and mining baron G Janardhana Reddy are among them.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Abduction case: SIT conducts spot inspection at Revanna’s residence in Bengaluru

Congress’ tactic of ‘winning elections on false promises’ will fail: Anurag Thakur

Reports of NEET-UG question paper leak baseless, every single paper has been accounted for: NTA

India’s first-ever ‘hybrid pitch’ unveiled in Dharamsala

Go back to middle school or consult eye doctor, Chidambaram tells BJP leaders criticising manifesto

BJP slams Cong, TMC for silence amidst terror attacks during UPA regime

After CBSE, CISCE also discontinues merit lists for Class 10, 12 exams

Related Articles More

‘Sexual abuse case’: Deve Gowda and Kumaraswamy secure gag order on media houses

Abduction case: SIT conducts spot inspection at Revanna’s residence in Bengaluru

Women of country will give you answer: Congress hits out at PM on Karnataka sex scandal

BJP slams Cong, TMC for silence amidst terror attacks during UPA regime

FIR registered against Nadda, Amit Malviya and Vijayendra over social media post

MUST WATCH

Hemophilia: Treatment, Preventing Bleeding and Daily Care

D. K. Shivakumar

Uncle Egg Rice

Skin Rash, Causes, Signs and Symptoms

11 bullets found in python’s body!


Latest Additions

Court directs police to register case against Thiruvananthapuram Mayor, MLA in Kerala

Preity Zinta says she would like ‘Sangharsh’ to get sequel

ED recovers Rs 20-30 crore cash from domestic help ‘linked’ to Jharkhand minister’s secretary

Uganda’s Frank Nsubuga set to become oldest player at this year’s T20 World Cup

ISRO developing semi-cryogenic engine working on liquid oxygen kerosene

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.