Karnataka Budget 2020 Live: Petrol price to be hiked by Rs 1.60

Karnataka Budget 2020 Live: Petrol price to be hiked by Rs 1.60

Karnataka Budget is being presented by Chief Minister B S Yediyurappa. this space for live updates to know the reforms the BJP government will list in the state budget 2020-21.

  • 11:52In a bid to overcomebudget constraints, CM BSY has increased the tax on fuel in Karnataka. With this, Petrol price is said to rise to Rs 1.60
  • 11:48BSY allocates Rs 5 crore Visvesvaraya Technological University to offer special course for students to make them meet industry standards
  • 10:58Karnataka CM BS Yediyurappa deliver Budget 2020-21 live here

  • 11:42BSY allocates Rs 26,930 crore for the development of SC/ST and other backward communities board
  • 11:38BSY allocates Rs 1000 crore to develop 110 villages, which are now part of Bruhat Bengaluru Mahanagara Palike
  • 11:34BSY assigns Rs 500 crore for drinking water Mahaday project and Kalasa-Banduri Nala as well
  • 11:32BSY allocates funds for Vishwakarma development board and Arya Vaishya development boardBSY allocates Rs 25 crore for Vishwakarma development board and Rs 10 crore for Arya Vaishya development board
  • 11:24Prominence to be given organic farming: BSYRs 200 crore will be assigned to fund the agriculture sector to offer education on organic farming.
  • 11:20Kisan card will also be given to fishermen community: BSYKisan card entitles yearly Rs10,000 cash subsidy to farmers and now, the fishermen community will also offered same benefits and also be eligible for government loans with low interest, BSY said
  • 11:18Central government has reduced Rs 8,833 crore in grants to Karnataka: BS Yediyurappa
  • 11:13Has offered compensation to 6.45 lakh farmers for flood: BS Yediyurrappa
  • 11:07BS Yediyurappa says he will give prominence to drought and flood affected victims in this budget 2020Several lakhs of agriculture lands, thousands of kilometers of roads and infrastructure was damaged during the floods. He has assured to offer relief money and also divert some funds to rebuild houses, roadsin the budget 2020
  • 11:03Opposition interupts BS Yediyurappa for not distributing budget papers to the legilative membersBS Yediyurappa assures the opposition to start distributingthe budget documentssoon.
  • 11:00Karnataka CM BS Yediyurappa starts his Budget 2020 presentation
Karnataka Budget 2020 Live: Petrol price to be hiked by Rs 1.60
  • This is the seventh time BS Yediyurappa is presenting the Karnataka state budget.
  • 10:21Karnataka CM B S Yediyurappa all set to deliver the Budget 2020 at Vidhana Soudha

  • 08:14Budget: Mandya expects bumper gift from YediyurappaWith the state budget being presented on March 5, the people of Mandya are expecting a bumper gift from CM B S Yediyurappa to his native district.BJP has opened its account in the JD(S) fortress Mandya district during the byelection held for K R Pet Assembly constituency. This has created curiosity among the people who are expecting a budget that is favourable to the district. K C Narayana Gowda, who has been elected from the K R Pet Assembly constituency has been made the minister in the BJP government. Yediyurappa had promised overall development of the district, if the people give their mandate to Narayana Gowda, during the canvassing for the byelection.Read the full report
  • 07:10Karnataka: Bitter pill in BSY Budget today?Chief Minister B S Yediyurappa, who will present his seventh Budget on Thursday, is expected to walk a tightrope.With an eye on the fiscal deficit, the CM is expected to earn brownie points by announcing some new schemes, but there are indications that he may steer clear of big-ticket projects.
  • 06:53Deputy Chief Minister Govind Karjol, who also holds the Public Works Department portfolio, has appealed to Chief Minister B S Yediyurappa to allocate Rs 15,000 crore to his department in the Budget.
  • 06:52In the Budget, Mysuru may get funds for city extension. Mysuru District In-charge and Housing Minister V Somanna said, ‘Chief Minister B S Yediyurappa will announce funds for the extension of Mysuru City Corporation (MCC) limits.’ He had said that there was a discussion on the extension of the MCC limits and the CM would earmark funds for the purpose.
  • 06:50Ahead of budget, civic groups urge govt to scrap elevated corridor projectDays after Bengaluru MLAs sought to bring back the elevated corridor project, a joint committee of civic groups and activists came together to urge the state government to drop the project and focus on sustainable solutions instead.In a press conference, the activists urged the government to not only restrain from funding the project, but also scrap it and opt for long-term solutions by keeping aside projects that have already proved to be a failure. 
  • 06:47Chief Minister BS Yediyurappa is expected to set aside Rs 5 crore in the 2020-21 Budget and the Bill has anticipated a “recurring expenditure of Rs 5 crore per annum” due to the proposed legislative measure.
  • 06:47Sarvajna is best known for his triplets (called Tripadis in Kannada), which are short poems that talk about social, cultural and religious issues, besides critical observations on superstitious beliefs in the society.
  • 06:47The BJP government is expected to set aside funds for the development of important places associated with 16th-century poet-philosopher Sarvajna, in what is being seen as a move by the saffron party to woo the OBC communities. The government has already tabled the Sarvajna Kshetra Development Authority Bill in the ongoing budget session of the legislature. The Authority will develop and maintain the ‘Sarvajna Kshetra’ that includes Sarvajna’s place of birth and other significant locations related to his life in Haveri district.
  • 06:46Karnataka CM B S Yediyurappa’s presentation of Budget to be 32nd from Mysuru regionThe state budget, scheduled to be presented by Chief Minister B S Yediyurappa on March 5, will be the 32nd by a finance minister hailing from the Old Mysuru region.Out of around 65 state budgets (including full-fledged budgets, ‘vote-on-account’ by governments at the fag end of their term, and budgets presented by new governments), presented so far, since 1956, 31 have been presented by Finance Ministers who trace their origin to the old Mysuru region.
  • 06:46This will be the seventh Budget that Yediyurappa will be presenting. So far, he has presented six Budgets.
  • 06:45Good morning readers and welcome to our live coverage of Karnataka Budget 2020, which will be presented by Chief Minister B S Yediyurappa, who also holds the finance portfolio. Stay tuned for live updates to know the reforms the BJP government will list in the upcoming state budget.

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