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Karnataka CM holds discussions with industrial bodies on Budget

Posted on Jan 21, 08:20PM | UNI

Preparing to present the BJP government's last budget on February 8 before Assembly elections in Karnataka this year, Chief Minister Jagadish Shettar today held discussions with representatives of various industrial bodies at the Vidhana Soudha.

Industrialists, participating in the meeting, suggested lowering of value added tax besides seeking the government to enhance the expenditure on infrastructure projects in the state.

Mr Shettar will be the third Chief Minister of BJP to present the budget after Mr B S Yeddyurappa who had quit the party to lead the Karnataka Janata Party in the coming elections and Mr D V Sadananda Gowda.

The budget, coming in the election year, was expected to be populist and development oriented.

The Chief Minister had been having a series of discussions for the past few weeks in preparation for the budget which Mr Yeddyurappa was hellbent to spoil claiming that the BJP had lost its majority as a large section of MLAs was backing his party.

The renovation work of the Vidhana Soudha had been curtailed to ensure that the session was carried through between February 4 and 13.

Governor H R Bharadwaj would address the joint session of the State Legislature on February 4.