Karnataka Budget 2023: GSDP grew at 7.9% in 2022-23, says CM Siddaramaiah

Karnataka Chief Minister Siddaramaiah on Friday (July 7) presented the state budget and said that the Gross State Domestic Product (GSDP) has grown at 7.9 percent in 2022-23. In his speech, the chief minister said that the growth of the economy during the previous regime and the BJP regime, the BJP government failed in ensuring the growth of the State economy.

CM Siddaramaiah also said that Karnataka has always taken the two chariots of Development and Social Justice together from the times of Basavanna to Nalvadi Krishnaraja Wodeyar.

"Like I have tried to do in all the 13 budgets I have presented earlier, I have tried to take forward the Karnataka Model of governance 'Sarvarige Samapalu, Sarvarige Samabalu' (equal share to all, equal opportunities to all)," he said.

The Karnataka budget session began on July 3 with Governor Thaawarchand Gehlot emphasising on the need to eradicate corruption in the state, and the ruling Congress and opposition BJP gearing up for a battle both inside and outside the Assembly.

Earlier in February, former Karnataka CM Basavaraj Bommai had presented the State Budget for the financial year 2023-24. 

On Tuesday, Karnataka Assembly witnessed an uproar scenes due to protests by the BJP against the ruling Congress leading to four adjournments by Speaker U T Khader. As planned, the opposition BJP staged protests inside and outside the Assembly alleging injustice and cheating by the ruling Congress in the name of five guarantees.

Yediyurappa charged the Congress with 'misleading' people through their five guarantees. "Our agitation is against the failure of fulfilling the five guarantees. We are also opposing the government's stand to withdraw the anti-conversion and anti-cow slaughter laws, which our government had introduced in the past," he said.

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