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Karnataka State Budget: Live blog

Last Updated 08 February 2013, 15:19 IST

Chief Minister Jagdish Shettar presented the 2013-2014 state budget on Friday.

Key

Karnataka will grow at 8.9% he says. He did not spell out how this miracle will occur.

Shettar proposes to spend Rs 1.17 crores on developmental activities this year.

IT exports to touch Rs 4 lakh crores by 2020, says namma CM.

RS 250 CRORE (not 100 as reported earlier) ALLOTTED FOR RELIGIOUS ORGANISATIONS. Shettar continues what BSY started.

What’s up

Liquor goes up. Otherwise not much focus on taxes.

Bangalore

City
development gets a total of Rs 6,203 crores. Bangalore contributes 30% of Karnataka's GDP. What it gets in return is peanuts. State should pay more attention to its cash cow.

Metro phase 2 gets Rs 8,69 crores.

Rs 2,400 crores to develop Kempe Gowda layout; 15,000 sites to be allocated

Okalipuram- Khoday circle to get a grade separator 

Hebbal, Doddanekundi and Ibbalur to get flyovers

Rs 300 crore for road works; Rs 2,500 crore for peripheral ring road

New flyovers at Chalukya, Shivananda and Siddalingiah circles

200 crores to BBMP for infrastructure; Dialysis centres in all constituencies

Rs 500 crores to build grade separators to manage traffic

Sector-wise allocation

Allocation to agriculture goes up to 22, 310 crore

Education - 18,666 crores; Revenue - 3,440 crores; Commerce and Industry - 936 crores; Horticulture – Rs 1,310 crores.

Schemes

Escoms get Rs 5,250 crores to provide free electricity to farmers with up to 10 hp motors

State Spice Board to be set up – Rs 10 crores allocated for that.

Schools to develop vegetable gardens to address malnutrition among students

Women to get concessional loan at 4%

Rs 3,630 crores allotted to waive off principal and interest on agricultural loans.

Children libraries in all dsitricts

Institute of Technology in Dharwad

Spiritual Sansad Bhavan to come up at Kengeri

Scheme to legalise illegal pumpsets to continue

Green Boards to be set up to promote solar power

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(Published 08 February 2013, 07:58 IST)

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