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Karnataka Budget 2018 Highlights: Farmer loan waived off, fuel prices to be hiked

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Bengaluru, July 5: Karnataka Chief Minister HD Kumaraswamy presented the first budget of his Congress-JD(S) coalition government in the Vidhana Soudha on Thursday. He announced farm loan wavier amounting to Rs 34,000 crore in its budget. The previous waiver had cost the state exchequer Rs 8,165 crore.

[Karnataka budget 2018: What gets cheaper and whats more expensive]

Karnataka Budget 2018 LIVE: CM HD Kumaraswamy announces Rs 34,000 cr farm loan waiver

Here are the Highlights:

Newest First Oldest First
2:22 PM, 5 Jul
It's a misconception that budget is limited to Hassan, says HD Kumaraswamy
1:56 PM, 5 Jul
Former CM Jagadish Shettar says, allocation for all departments have been drastically cut, North Karnataka totally neglected
1:55 PM, 5 Jul
Reacting to the budget, BJP MLA R Ashoka says, the budget is only for Hassan, other parts of Karnataka neglected
1:54 PM, 5 Jul
Karnataka CM HD Kumaraswamy presented budget 2018-19 in Vidhana Soudha
1:30 PM, 5 Jul
450 bed capacities will be given to new hospitals in the medical colleges of Koppal, Gadag, Hassan and Chamarajanagar districts.
1:29 PM, 5 Jul
Rs 350 crore allotted for Chief Minister Matrushri Scheme
1:00 PM, 5 Jul
Pregnant women to get Rs 1,000 aid from 6th month to 12th month. Pregnant women entitled to get benefits only for first two kids.
1:00 PM, 5 Jul
Kayaka scheme: Loan of up to Rs 10 lakh to enhance skill development and entrepreneurship skills in SHGs on cluster model or individually
12:59 PM, 5 Jul
Israel model of irrigation to be adopted across 5000 hectares each in Karwar, Tumakuru, Yadgir and Haveri districts at a cost of Rs 150 crore
12:59 PM, 5 Jul
Rs 10 Cr allocated for chemical waste treatment plant at Peenya Industrial zone Bengaluru
12:53 PM, 5 Jul
Pregnant women from BPL families to get Rs 1,000 aid per month
12:52 PM, 5 Jul
Rs 25Cr set aside for Karnataka Brahmin Development Board
12:52 PM, 5 Jul
Rs 190 crore for a scheme to safeguard interests of coconut growers
12:33 PM, 5 Jul
100 charging units for electric vehicle to be set up at a cost of Rs 4 cr.
12:33 PM, 5 Jul
50% motor vehicle tax proposed for private service vehicle
12:24 PM, 5 Jul
CM allocates Rs 1000 crore for Phase 3 Namma Metro in Bengaluru
12:23 PM, 5 Jul
Rs 100 crore has been allotted to BMTC
12:22 PM, 5 Jul
Rs 30 cr allocated for film university in Ramanagara
12:22 PM, 5 Jul
Quantity of rice provided by the government for families drops from 7kgs to 5kgs.
12:21 PM, 5 Jul
#KarnatakaBudget | Karnataka govt announces farm loan waiver of Rs 34,000 cr; tax on liquor raised by 4%
12:17 PM, 5 Jul
CM announces Rs 25 cr financial aid to various religious mutts in Budget
12:10 PM, 5 Jul
CM also says they will begin the controversial Mekedatu project if they get permission. The Ktaka govt wants to build a reservoir across Cauvery near Mekedatu in Kanakapura taluk to get water to Bengaluru.
12:10 PM, 5 Jul
CM announces six elevated corridors in Bengaluru
12:08 PM, 5 Jul
Action will be taken by govt to issue clearance certificate by waiving arrears
12:06 PM, 5 Jul
Rs 4,957 Cr earmarked for water supply and sewage disposal
12:03 PM, 5 Jul
I have decided to waive all defaulted crop loans of farmers up to 31 Dec 2017 in the first stage. Farmers who repaid the loan within time,as an encouragement to the non defaulting farmers, I have decided to credit the repaid loan amount or Rs 25000 whichever is less: Karnataka CM
12:00 PM, 5 Jul
Rs 50 crore have been allocated for Bellandur lake rejuvenation
11:59 AM, 5 Jul
4,263 new buses to be bought for the use of public transportation in the state
11:59 AM, 5 Jul
Govt has decided to continue & extend the program of Indira Canteen in Bangalore and all the District Centres
11:55 AM, 5 Jul
Excise duty increased to generate funds for farm loan waiver

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