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The Hindu
The Hindu
National
Sharath S. Srivatsa

Karnataka | Guarantees to cost around ₹60,000 crore annually

The five guarantees given by the Congress, which are to be implemented in phases starting from June 11 with the launch of Shakti scheme, are expected to cost around ₹60,000 crore annually, and the guidelines for implementing the schemes are expected to be released shortly. Each of the scheme launch at public functions is expected to be a big fanfare event.

The cost break-up

While Chief Minister Siddaramaiah refused to divulge the cost of implementing the schemes, government sources aware of the developments said the cost could be around ₹60,000 crore with Gruha Lakshmi scheme, in which a monthly incentive of ₹2,000 will be given to women kartha, alone estimated to cost ₹39,000 crore a year as women from both APL and BPL families are eligible to seek benefits. “The financial incentive for women is expected to be a game changer in the BPL families, providing them a huge relief,” a senior Cabinet Minister said.

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