Karnataka CM BS Yediyurappa to present state budget on March 8
By Team Newsable | First Published Feb 19, 2021, 11:36 AM ISTThe legislature session will commence on March 4 and the first two days (March 4 and 5) will be set aside for discussion related to one nation-one election. The legislature session will conclude by the end of March.
Bengaluru: Chief Minister BS Yediyurappa will present the Karnataka Budget for 2021-22 in the State legislature on March 8.
The legislature session will commence on March 4 and the first two days (March 4 and 5) will be set aside for discussion related to one nation-one election. The legislature session will conclude by the end of March.
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The budget session will begin on March 4 and the first two days will be allotted for discussions on ‘One Nation, One Election’, said Law and Parliamentary Affairs Minister Basavaraj Bommai. “The budget session will begin from March 4.
We will dedicate two days — March 4 and 5 — to debate One Nation One Election as discussed in the business advisory committee meeting previously. The Chief Minister will present the budget on March 8. The legislature session will continue till the end of March,” Bommai said.
The Cabinet meeting on Thursday approved the Karnataka Money Lenders (Amendment) Bill, 2020, of the Cooperation Department which would be tabled in the Budget session.
in a bid to win over farmers, the Yediyurappa-led cabinet also decided to amend relevant sections of the Karnataka Money Lenders Act, to enhance punishment from six months to one year for first time offenders and two years and above for repeated offence. We have come across a lot of cases regarding money lenders harassing the poor and farmers. We need to deal with an iron fist. Therefore, the cabinet decided to increase the quantum of fine from Rs 5,000 to Rs 50,000, he explained.
The Cabinet has also approved an estimated Rs 700 crore towards treatment of Covid-19 patients till March 31 in various government and private hospitals across the state. “The government’s contribution for Covid-19 treatment in government and private hospitals till January was Rs 620 crore. It is estimated that we will require another Rs 80 crore till March 31. A total of Rs 700 crore will be paid from Suvarna Karnataka Arogya scheme,” Bommai said.
The state government also resolved to increase the compensation to land owners giving up their land for industrial projects.
"We have decided to increase the land component from existing 40% to 45% who lose their land for projects," he said.
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