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Shettar presented Rs 13.18 cr deficit budget for 2013-14

Posted on Feb 09, 11:25AM | UNI

Bangalore, Feb 8: Karnataka Chief Minister Jagadish Shettar today presented a Rs13.18 crore deficit budget for the year 2013-14 in the state Assembly without imposing any additional taxation and announced a slew of welfare measures with the budget being the last before the state goes for elections due May.

Mr Shettar continued the practice of presenting a separate budget for agriculture providing Rs 22310 crore for agriculture and allied sectors. According to his proposals, the total expenditure of the state for the next fiscal had been budgetted at Rs 117,004.82 crore with the revenue receipts being Rs 115,982.54 crore.

Besides providing some relief in value added tax, in view of the forthcoming assembly elections announced a slew of new welfare and development measures. These measures included supply of rice at Rs 2 a kg to families below the poverty line, increase in pension provided to destitute widows, old persons above 80 years and physically disabled person and enhancement of hostel caharges for various categories of students.

He also announced carving of 43 new taluks.

Later he told reporters that the budget aimed at inclusive growth and the vision of the government was to double the per capita income of the people by providing an environment of sustained growth and development in the state.