Presenting the budget in the house, Mr Yeddyurappa also announced a one time benefit of Rs 1000 per family to 50 lakh small and marginal farmers who were dependent totally on dry farming due to failure of rains. He also announced that loans at three per cent interest would be given to farmers, fishermen and weavers. Sthree Shakthi Self Help Groups would get Six per cent interest subsidy on loans. A special Commission would be promoted for organic farming.
Comprehensive schemes to restore traditional tanks and ponds and to protect the source of rivers would also be chalked out, he explained.
He said Rs 2500 crore would be provided for implementing Dr D M Nanjundappa Committee Report on redressal of Regional Imbalance.
Explaining other highlights of the budget he said an Information Highway would be set up connecting Vidhana Soudha with the District and Taluk level offices during the year.
He said 10 airstrips would be developed in new districts along with 12 district headquarters where airports already existed or going to be built shortly. Four corridors -- Bidar and Bangalore via Chitradurga, Tumkur and Honnavar via Shimoga, Chitradurga and Mangalore via Udupi and Bangalore Belgaum via Hubli would be set up he added.
Mr Yeddyurappa announced 'Arogya Kavacha' Health Scheme to provide emergency treatment to the poor and needy by earmarking Rs 10 crore. 'Thayi Bhagya' scheme to enhance maternal facilities would also be launched and Rs 30 crore would be earmarked for the purpose. He also announced that new textile policy and new industry would be formulated soon. A Global Investors Meet would be organised during January next, he added.
Mr Yedduyurappa also announced setting up of a Bala Vikasa Academy to promote all round development of Children. He said Rs 25 crore would be earmarked for the World Kannada Meet to be held in Belgaum during December. A sum of Rs five crore would also be earmarked for Dr Rajkumar Memorial, he added.
He said the government would provide Rs 100 crore for gauge conversion of Shivamogga-Thalaguppa Railway track, Rs 20 crore for the new railway line from Bidar to Gulbarga, Rs 137 crore for Solapur-Bagalkot-Gadag Railway line gauge conversion and Rs 30 crore for doubling of ongoing Bangalore-Ramanagar railway line.
He said the net additional resources mobilisation for the remaining part of the year from the proposed tax measures was estimated to be Rs 120 crore.
Rs 1800 cr for Bangalore development
Rs 700 crore for the City Metro project, for the development of country's IT and BT hub, Bangalore, in the state budget for 2008-09 presented in the state assembly. Mr Yeddyurappa also announced Rs 300 crore to the Bruhath Bangalore Mahanagara Palike (BBMP) as a supportive grant.
He said Rs 700 crore would be spent to take up infrastructure facilities to provide drinking water, roads and sewerage facilities.
It was also proposed to take up a 65-km long outer ring road at a cost of Rs 3000 crore under Build, Operate and Transfer model. It was also proposed to spend Rs 350 crore to build ten flyovers and underpasses to ensure hassle free movement of traffic in the existing Bangalore ring road.
Mr Yeddyurappa also announced to build a new layout in the name of Bangalore founder Kempegowda at a cost of Rs 2610 crore to distribute over 60000 house sites. The new lay out would be developed by Bangalore Development Authority (BDA).