Karnataka Budget 2011–2012 Highlights

Karnataka Chief Minister and Finance Minister B S Yeddyurappa ought to current the annual Budget for 2011–2012 in the State Legislature Assembly on Thursday, 24 February 2011. This will be the 4th budget of Karnataka Chief Minister B S Yeddyurappa after BJP government came to energy in 2008 Assembly polls.

The B S Yeddyurappa will also contemporary state’s original separate Agriculture budget. It will help to promote agriculture growth in Karnataka Stare.

The Budget session of Karnataka Legislature would be possessed according to 24 February 2011 to 17 March 2011. Budget 2011 – 2012 will be presented on the chiefly day of the session which would have a total of 15 working days.

Karnataka Budget 2011 – 2012 live telecasted on DD Chandana, TV9 Kannada and a greater amount of leading Kannada to hear Channel.

Highlights:

- Framers to get agricultural loans at 1% interest rate

- Rs 17850 crore for agricultural sector

- Organic Farming Training to be given to 5 lakh farmers

- Rs 3900 crore for supply of electricity to IP sets

- 50 percent subsidy for seeds to farmers

- Rs 1000 crore for renovation of lakes and ponds

- Rs 289 crores for Krishna project

- Rs 125 crore for Bio Farming

- Rs 100 crore for drip irrigation

- Zero Interest loans for higher education for children of farmer

- Agriculture revolving funds to be increased to Rs 1000 crore

- Rs 200 crore for organic farming

The budget will contain tax rates, revenues, expenditure, fiscal deficit, allocation for various departments and schemes. The budget is an annual exercise.
Read More Here

Post a Comment

0 Comments