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Karnataka Budget 2019 Updates: Rs 12,650 crore allocated for Crop Loan Waiver Scheme

Bengaluru, Feb 8: Amid fears of 'Operation kamala' Karnataka Chief Minister HD Kumaraswamy tabled the second Budget of Congress-JDS coalition for 2019-20 fiscal on Friday. CM Kumaraswamy government's budget size icreased to Rs 234,153 crore. Last year's budget size was Rs 218,488 crore.

CM HD Kumaraswamy presenting the Budget. Courtesy: ANI photo

Kumaraswamy announced grant of Rs.6,500 crore for the waiver of crop loan of farmers to Commercial Banks and Rs.6,150 crore is to Co-operative Sector. He announced completion of waiver of loan of co-operative sector before May 2019 and completion of waiver of loan in respect of commercial banks also in the year 2019-20.

A total grant of Rs.46,853 crore has been allocated to the agriculture and related departments in the budget 2019-20.

Congress leader Eshwara Khandre, said, "This year's state budget emphasised on the long ignored North Karnataka regions, irrigation facilities, farmers' plight and education."

Despite a whip being issued, MLAs Nagendra, M Kumathalli, Gokak MLA and Umesh Jadhav did not attend the Budget session. Now, the Congress has decided to request the Speaker to suspend the dissenting legislatures.

Here are the live updates for Karnataka Budget Session 2019-20:

Feb 08, 2019, 2:52 PM IST

Total grant of Rs.46,853 crore to the agriculture and related departments in the budget 2019-20
Feb 08, 2019, 2:51 PM IST

A grant of Rs.6,500 crore for the waiver of crop loan of farmers to Commercial Banks and Rs.6,150 crore is to Co-operative Sector; completion of waiver of loan of co-operative sector before May 2019; completion of waiver of loan in respect of commercial banks also in the year 2019-20.
Feb 08, 2019, 2:44 PM IST

BJP leaders walk out, stage protest in front of the Gandhi statue in Bengaluru.
Feb 08, 2019, 2:28 PM IST

BJP leaders walk out of assembly in protest, stage protest in front of the Gandhi statue in Bengaluru.
Feb 08, 2019, 2:25 PM IST

'Agonized by painful words spoken by HD Kumaraswamy,' tweets N Chandrababu Naidu
Feb 08, 2019, 2:24 PM IST

CM kumaraswamy announces formation of four new taluks.
Feb 08, 2019, 2:02 PM IST

Rs 50 crore sanctioned for the development of infrastructure in Basavana Bagewadi, Rs 2 crore for research on climate change
Feb 08, 2019, 1:59 PM IST

Bangalore, Mysore, Kalaburagi, Belgaum -these four districts to get Language Skill Development Centers
Feb 08, 2019, 1:58 PM IST

Chief Minister Kumaraswamy gives a shock to bear lovers; Increases excise duty on beer
Feb 08, 2019, 1:39 PM IST

Planning to provide a Minimum Support Price (MSP) for 12 crops: Kumaraswamy
Feb 08, 2019, 1:26 PM IST

Kumaraswamy declares 156 taluks in the state have been drought-riddled. "We had asked the Union government for Rs 2,000 crore drought relief but received only Rs 969 crore," he says.
Feb 08, 2019, 1:26 PM IST

Rs 8015 crore has been allocated for Bengaluru development. Transport and garbage disposal will be the focus.
Feb 08, 2019, 1:25 PM IST

Rs 5 crores allocated to develop silk factory in Chamarajanagar district
Feb 08, 2019, 1:24 PM IST

Our priority is to improve farmers' lives by providing a sustainable market for horticultural crops such as Mango and Tomato: CM Kumaraswamy
Feb 08, 2019, 1:23 PM IST

Rs.150 crore for pomegranates and grape growers
Feb 08, 2019, 1:22 PM IST

Rs.1,200 crore was allocated for the development of government school and colleges
Feb 08, 2019, 1:15 PM IST

Speaker KR Ramesh Kumar and the government have decided not to distribute copies of the 2019-2020 budget in the House when chief minister HD Kumaraswamy reads his speec
Feb 08, 2019, 1:00 PM IST

Farm loan waiver has been carried out successfully. Rs 9,291.81 crore spent on irrigation projects: Kumaraswamy
Feb 08, 2019, 1:00 PM IST

Kumaraswamy: State to build 854 houses in flood hit Kodagu
Feb 08, 2019, 1:00 PM IST

The coalition government has submitted a Rs 2,500 crore proposal to the Centre for drought relief. About 156 taluks in the state are hit by the drought, says Kumaraswamy
Feb 08, 2019, 12:59 PM IST

State government’s accounts till December 2018: Revenue Receipts atRs 1,16,067 crore, 69.8% of the budget estimates for the financial year. Tax revenue in first nine months of the year pegged Rs 71,735 crore, 74.9% of the budget estimates for the year. The revenue expenditure during the period pegged at Rs 1,02,778 crore, 61.8% of BE.
Feb 08, 2019, 12:54 PM IST

CM HD Kumaraswamy, says, " We've worked for the state's development in the past 8 months and our aim is to provide good governance. When #Kodugu was hit with floods, we addressed their problems.'
Feb 08, 2019, 12:24 PM IST

Congress leader Siddaramaiah: Will petition before the assembly speaker to suspend the four dissenting Congress MLAs.
Feb 08, 2019, 12:00 PM IST

Former CM Siddaramaiah tags PM Modi in his tweet after HDK releases audio tape against BJP
Feb 08, 2019, 11:54 AM IST

BSY says, "Only achievement of the govt is being corrupt. The Minister is involved in corruption and are openly transacting the corrupt money."
Feb 08, 2019, 11:54 AM IST

Coalition govt in Karnataka has lost the trust of people and does not have moral right to continue. More than 20 legislature in CLP meeting demanded to remove Chief Minister HD Kumaraswamy:
Feb 08, 2019, 11:24 AM IST

"If allegations levelled by HD Kumaraswamy are proved, I am ready to quit politics," says Yeddyurappa in a thundering voice.
Feb 08, 2019, 11:22 AM IST

"10 to 11 Congress and JDS MLAs will not participate in the Budget Session, says Yeddyurappa with confidence.
Feb 08, 2019, 11:21 AM IST

Yeddyurappa says, "We'll allow the government to table the Budget and participate in the debate".
Feb 08, 2019, 11:17 AM IST

State BJP chief BS Yeddyurappa counter attacks CM HD Kumaraswamy. He says, "The coalition government has done no development work. Farm loans have not been cleared by the state government."
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