Karnataka Budget 2018: What gets cheaper and what gets more expensive
Karnataka Chief Minister HD Kumaraswamy presented the Congress-JDS coalition government's maiden budget on Thursday. Fuel prices will now be even costlier as the newly-elected Karnataka government has announced to hike cess on petrol and diesel by Rs 1.12 and Rs 1.14 a litre. Notably, Congress President Rahul Gandhi has been criticising the central government for the high tax on fuel prices.
[Karnataka Budget 2018 Highlights: Farmer loan waived off, fuel prices to be hike]
What's expensive:
- Beer to be costly! More tax.
- Petrol, diesel
- Power tariff hiked by 20 paise per unit
- Motor vehicles
- Hike in prices for tobacco products
For Bengaluru
- Elevated corridor to be constructed at 6 locations
- Super specialty hospital to be set up in Ramanagara
- Rs 50 crore allocated to rejuvenate Bellandur Lake
- Rs 1000 cr for Phase 3 Namma Metro in Bengaluru
- Rs 100 crore allotted to BMTC
- Rs 30 cr allocated for film university in Ramanagara
Farmers
- HD Kumaraswamy announced a Rs 34,000 crore loan waiver for farmers
- All farm loans defaulted up to December 31, 2017 will be waived off
Students
- Introducing English language at LKG and UKG students in government schools
- Rs 150 crore for the repair of Government primary, high school PU colleges
In General:
- Rs 25Cr set aside for Karnataka Brahmin Development Board
- Rs 350 crore allotted for Chief Minister Matrushri Scheme
- 247 Indira canteens to be set up at a cost of Rs 211 Cr across Karnataka
-
Rs
150
crore
for
agriculture
development
based
on
Israel
model
Rs
25
cr
to
be
given
to
various
religious
mutts
as
financial
aid
- Quantity of rice provided for families drops from 7kgs to 5kgs
- Pregnant women from BPL families to get Rs 1,000 aid from 6th to 12th month. This is entitled only for first two kids.
- 100 charging units for electric vehicle to be set up at a cost of Rs 4 cr
- Rs 190 crore for a scheme to safeguard interests of coconut growers
- 4,263 new buses to be bought for the use of public transportation in the state
- Rs 4,957 Cr earmarked for water supply and sewage disposal
- 450 bed capacities will be given to new hospitals in the medical colleges of Koppal, Gadag, Hassan and Chamarajanagar districts.
- Rs 3866 crore grants for Food and Civil Supplies Department
- Rs 7993 crore grants for Transport Department
-
Rs
3,942
crore
grants
for
Housing
- Rs 5,725 crore allotted for Women and Child Welfare
- Rs 7180 crore allotted for Revenue Department
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