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The Latest Breaking News from Budget

In Telangana, few funds, but many promises

With more welfare schemes likely to be announced in Telangana, the government would do well in making sure that its finances are in place before any announcement is made

The Hindu

There is no question of misusing SCP&TSP funds, says Mahadevappa

Minister for Social Welfare H.C. Mahadevappa on Sunday ruled out the possibility of misuse of Special Component Plan (SCP) for development of Scheduled Castes and Tribal Sub Plan (TSP) for development of Scheduled Tribes.

The Hindu

Keep austerity in mind when preparing 2024-25 Budget proposals, says Finance department

Finance Dept. urges govt. depts. to prepare 2024-25 Budget with extreme austerity. Estimates must be realistic & accurate, revenue & dues to be accelerated. Economy measures may require dropping uneconomical schemes & putting off activities. Deadline for non-plan expenditure is Sept. 5, plan expenditure Sept. 10 & revenue estimates &…

The Hindu

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In some city wards, residents vote on how tax money is spent. Should all Chicagoans get a seat at the budget table?

So-called participatory budgeting, in which residents vote on spending projects in their wards, started in the United States in Chicago, but its growth has stalled.

Chicago Sun-Times

Dissenters Robertson and Parker ought to resign as ministers

Grant Robertson is just as compromised as David Parker in his position on the wealth and capital gains tax and should also stand aside. But because Hipkins has already faced more Cabinet upheavals than any modern PM, Robertson survives

Newsroom.co.nz

Khader says suspension of BJP MLAs during Budget session was ‘minimum action’

Speaker U.T. Khader defended suspension of 10 BJP MLAs for their "indecent and disrespectful conduct" of tearing up bills and hurling them at the Chair. He said the action was taken to ensure discipline among the lawmakers and appealed to them not to politicise the issue. He met Governor Thaawarchand…

The Hindu

CM projects Universal Basic Income concept being implemented through guarantees as ‘Karnataka model of development’

CM Siddaramaiah seeks to project Karnataka's Universal Basic Income concept as "model of development" vs. BJP's "Gujarat model". He claims it is the "biggest ever welfare measure" implemented by any State in India. He accuses BJP of robbing from poor people and reducing tax burden of corporates. He claims Karnataka…

The Hindu

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Budget docs reveal pressing need for transport funding overhaul

Officials warned the finance minister that transport funding should not be coming from supplementary Budget bids, reports Emma Hatton

Newsroom.co.nz

Climate effects of Budget 'very small' – officials

Ministers were told the greenhouse emissions impacts of the climate spend in Budget 2023 would be 'minimal' and take time to materialise, writes Marc Daalder

Newsroom.co.nz

Matru Poorna and Matru Vandana schemes to continue: Minister

Minister Laxmi Hebbalkar dismisses reports of dropping Matru Poorna & Matru Vandana schemes; assures adequate grants & effective implementation. PMMVY provides cash incentive of ₹5,000 to pregnant & lactating women; probe ordered into allegations of rotten eggs supplied to anganwadis & schools.

The Hindu

KRRS demands increase in support price for copra

Contending that the minimum support price (MSP) for copra fixed by the Centre was far less than the cost of cultivation, Karnataka Rajya Raitha Sangha (KRRS) has sought an immediate increase in the MSP and financial assistance by the State government.

The Hindu

Cong. has not fulfilled many of its promises, alleges Ayanur Manjunath

Former MP and JD(S) leader Ayanur Manjunath has said that the Congress government has not fulfilled many promises made during the elections.

The Hindu

Activists to meet Siddaramaiah over non-allocation of funds for conservation of heritage structures in Mysuru

Stung by lack of budgetary allocation for upkeep of heritage structures in Mysuru, a delegation of stakeholders will meet Chief Minister Siddaramaiah to drive home the imperatives of conservation.

The Hindu

Karnataka Budget: Taxes, borrowings up, allocation cut to fund guarantee schemes

Increase in taxes, prioritisation of government programmes, and additional borrowings will together fund the five pre-poll guarantees of the Congress government, even as allocation to some crucial departments and subsidies have come down in the full-fledged “guarantee Budget” presented by Chief Minister Siddaramaiah on Friday.

The Hindu

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The Hindu

Tamil Nadu issues operational guidelines for ‘Kalaignar Magalir Urimai Thogai’ scheme

The Hindu

Budget 2023-24: Activists take exception to Budget’s silence on Land Reforms Act

Social activists, farmers’ leaders, and business community leaders criticised Chief Minister Siddaramaiah for making no announcement in the the Budget presented on Friday on withdrawal of Land Reforms Act and Cow Slaughter legislation enacted by previous BJP government.

The Hindu

State Education Policy instead of NEP; egg scheme for class IX and X too

Keeping the poll promise, Chief Minister Siddaramaiah in the Budget on Friday said National Education Policy (NEP) would be replaced with a new State Education Policy. He also announced extension of the programme of providing eggs, groundnut chikki and banana to students studying in classes IX and X of government…

The Hindu

Karnataka Siddaramaiah presents ‘guarantee Budget’ with promise of welfare for all

For promoting inclusive development, Chief Minister Siddaramaiah on Friday presented a Budget with focus on welfare for the benefit of the common man by relaunching several discontinued schemes and offering interest-subsidy loans for people at the margins.

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The Hindu

Mixed reactions to Karnataka Budget

The Budget for the year 2023-24 presented by Chief Minister Siddaramaiah on Friday received mixed reactions from various quarters. While ruling party leaders have welcomed it, the Opposition has criticised it.

The Hindu

Velodrome to come up in Mysuru

A velodrome will be established in Mysuru at a cost of ₹10 crore, according to the State Budget 2023-24 presented by Chief Minister Siddaramaiah on Friday.

The Hindu

Airstrips proposed in Dharmasthala, Kodagu and Chikkamagaluru; ecologists question move

Karnataka government has proposed to develop airstrips in Dharmasthala, Kodagu and Chikkamagaluru with the intention of “promoting tourism, industrial sector and support disaster management measures.”

The Hindu

State to offer ₹4 lakh life, accident cover to gig workers, but they demand more

Gig workers in Karnataka will be provided a life insurance cover of ₹2 lakh and accidental insurance of another ₹2 lakh, proposed the state Budget 2023-24, that was presented here on Friday.

The Hindu

No bonanza for ‘Brand Bengaluru’

Contrary to expectations, the much hyped “Brand Bengaluru” initiative spearheaded by Deputy Chief Minister D.K. Shivakumar, who also holds charge of the city, seems to have added little new for the city in the Karnataka Budget that Chief Minister Siddaramaiah presented on Friday, July 7.

The Hindu

Amidst fear of drought, Budget reintroduces Krishi Bhagya climate resilient scheme

Amidst fear of drought looming large over Karnataka, the State Budget 2023-24 presented by Chief Minister Siddaramaiah has proposed to reintroduce the erstwhile Congress government’s flagship scheme of Krishi Bhagya that seeks to turn dry-land farming into climate resilient through rainwater conservation measures.

The Hindu

Karnataka Budget proposes new 37 km of Namma Metro line from Hebbal to Sarjapur in Bengaluru

Karnataka government has proposed construction of a new metro line of about 37 km between Hebbal and Sarjapur at an estimated cost of ₹15,000 crore. The State government will be submitting a proposal to the Union government for approval.

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