1. Today, I have presented the budget for the 8th time.2. This Budget has been formulated in a most difficult situation.
3. Economic activities in the State had come to standstill due to natural calamities, floods and Covid-19 pandemic.
4. Revenue collection was adversely affected due to Covid-19 and the consequent lockdown that was imposed.
5. Despite of the unenviable situation, I have ensured that all the committed expenditure like Salary, Pension, Loan repayment etc. was provided for. Also I have provided funds for developmental activities.
6. Against the budgeted estimates, we are expecting to spend at least 94% of the total expenditure.
7. This is the result of strict fiscal discipline in the initial months of the Financial Year and recovery of the State economy in the last quarter.
8. Care has been taken to ensure that there was no shortage of grants for development and welfare programmes.
9. From this point of financial constraints, this is a balanced budget bringing relief in the difficult situation.
10. I have attempted to formulate an all-inclusive budget despite the adverse situation.
11. This year’s budget size has exceeded the previous budget size by Rs. 8,314 crore. (Current year budget size – 2,46,207 Crore; Previous year budget size – 2,37,893 Crore; 3.5% growth in current budget size).
12. This is a people-friendly budget without causing burden to people. There is neither an increase in tax rates nor any new tax proposals.
13. Honest efforts have been made to maintain a balance in the budget by giving importance to all classes, all sectors and all districts.
14. This budget presented on International Women’s Day, has been formulated for encouraging the self reliance, protection, entrepreneurship and prosperity of women through various programmes.
15. Greater support and encouragement to women employees has been given to enable them to actively involve in nation building.
16. Loan facility at 4% concessional rate upto Rs. 2 crore for women entrepreneurs of Service sector.
17. Assistance for establishment of six thousand small entrepreneur units through rural women Self-help Societies under “Sanjeevini”.
18. Women employees will be assisted by upgrading Anganawadis in urban areas into crèches.
19. Implementation of ‘Vanita Sangati’ scheme by issuing BMTC bus passes at concessional rate for women working in garment industries.
20. Women empowerment and protection Mission will be implemented under the direct supervision of the Chief Minister.
*Citizen friendly initiatives*
21. Beneficiary payment under all government schemes through DBT platform only.
22. A separate Property tax slab for industrial units located in urban local bodies.
23. Simplification of process in conversion of agricultural land. Action to amend Land Revenue Act.
24. Revision of Start-up policy to give impetus to information technology sector.
25. Action to formulate Cyber Security Policy and Data Centre Policy.
*Budget has been classified into 6 sectors and the details of allocation:*
Sl.No. Sector Grant earmarked
1. Agriculture and allied activities Rs. 31,028 crore
2. Welfare and Inclusive growth Rs. 62,150 crore
3. Stimulating Economic growth Rs. 52,529 crore
4. Comprehensive Development of Bengaluru Rs. 7,795 crore
5. Conservation of Culture, Heritage and Natural Resources Rs. 2,645 crore
6. Administrative Reforms and Public Service Delivery Rs. 52,519 crore
*Budget size – Rs.2,46,207 crore*
26. Fiscal deficit was estimated at Rs.46,072 crore in 2020-21. It will be Rs.59,240 crore during 2021-22.
27. Revenue surplus in the previous year was estimated at Rs.143 crore. In this year Revenue deficit will be Rs.15,134 crore.
28. Total Receipts including loans is Rs.2,43,734 crore.
29. Revenue receipts being Rs.1,72,271 crore, it will be less by Rs.7,649 crores than previous year.
30. Non-tax revenue was at Rs.7,767 crore in the previous year. It is satisfying that non tax revenues will increase to Rs.8,258 crore (6.3% growth).
31. Central Government has provided grant-in-aid of Rs.15,538 crore in the current year excluding GST compensation.
32. Implementation of a scheme with Rs.500 crore for encouraging Organic farming.
33. Increase in reservation from 40% to 50% to the farmers’ children in the Agricultural Universities.
34. Subsidy being given to the small tractors is extended for 25 to 45 HP tractors.
35. Under Atma Nirbhar Bharath Abhiyan subsidy at 35% from Central Government together with additional subsidy of 15% from State Government to agro processing and post harvest management units.
36. A sum of Rs. 25 crore is reserved for research in yellow leaf disease of arecanut and encourage growing alternate crops.
37. The high-tech cocoon market will be built in Ramanagar at an expenditure of Rs.75 crore.
38. Goshala will be established in every district for the protection of Cows.
39. To introduce native breeds of cows to our state farmers ‘Samagra GoSankula Samrudhi’ will be started with a cost of Rs.1 crore.
40. 1.5 kilolitres of tax free Diesel will be distributed at delivery point to the owners of mechanised boats instead of reimbursement of the taxes.
41. For the implementation of Pradhana Mantri Matsya Sampad Yojana an allocation of Rs.62 crores will be made for the year 2021-22.
42. To implement the Irrigation schemes of the State on priority an allocation of Rs. 21,000 crores has been made.
43. Important schemes like Upper Krishna Phase-III, Yettinahole, Mahadayi, Mekedatu and Upper Bhadra will be implemented on priority.
44. An allocation of Rs. 5,500 crore has been made to implement UKP-III and other schemes of Krishna Bhagya Jala Nigam.
45. 1348 vented dams will be constructed under the Pashchimavahini master plan scheme over the next five years at a cost of Rs. 3,986 crores an allocation of Rs. 500 crores has been made for the same in 2021-22.
Education, Health and Other Development Sector
46. An allocation of Rs. 100 crores for the development of Karnataka Public Schools. Repairs and maintenance of school toilets will be taken up at cost of Rs. 100 crores through Panchayat Raj Institutions.
47. To improve the learning standards in schools, technology based teaching system has been implemented in high schools.
48. Priority to improve health services of the State 250 model Primary Health Centres will be developed. In order to give better treatment facilities beyond Bengaluru regional cancer centres will established at cost of Rs. 100 crores in Shivamogga and Mysore. Sub centre of Jayadeva Cardiology Institute will be established in Davanagere.
49. 50 Post Matric hostels will be started at a total cost of Rs. 50 crores by Social Welfare Departments. This will help 5000 SC/ST students.
50. The capacity of Post Matric Backward Classes hostels will increased by 5% in all hostels which are running in own buildings. This will help 5000 students.
51. Rs. 1,500 crore has been set aside for the development of Minorities.
52. Completion of approved and unfinished houses are priority of our government. 9.74 lakh under construction houses will completed at a total cost of Rs. 10,194 crores over the next 3 years.
53. Drinking water tap connection to 21.75 lakh rural households will be completed under the Jal Jeevan Mission at a total cost of Rs. 4,316.5 crores in the year 2021-22. Bulk water supply will also be given to villages at a total cost of Rs. 25,740 crores.
54. Drinking water connections and underground drainage facilities will be provided to ULBs at a total cost of Rs. 900 crores over the next five years by Karnataka Urban Water Supply and Drainage Board.
55. Rs. 1,500 crores allocation has been made to Kalyana Karnataka Development Board. Rs. 3,000 crores allocation has been made under special development plan.
56. To increase the coverage of rail network in the State, State Government has taken up 7 new railway projects for laying 1173 kilometers of railway line on 50:50 cost sharing basis with the Railway Ministry. The estimated cost of these works is at Rs.7984 crore and out of this, the State Government will incur Rs.3991 crore. Further, State Government is going to spend Rs.2630 crore for the land acquisition for these railway lines.
57. It is proposed to develop a ‘Bulk Drug Park’ having world class infrastructure facilities at a cost of Rs.1,478 crore with the assistance of Central Government in 1,500 acre of industrial land at Kadechuru industrial area in Yadgir district.
58. Special importance has been given for the development of Bengaluru.
59. Efforts will be made for starting the works of Bengaluru peripheral ring road. An allocation of Rs. 850 crores has be made for Bengaluru Sub-urban rail. Namma Metro project will completed on priority.
60. Experience Bengaluru centre will be developed in the land belonging to Mysore Lamp Works Limited in Malleshwaram, Bengaluru.
61. Tree Park will be developed in N.G.E.F land in Byappanahalli.
62. 57 Jana Aarogya Kendras will be started in Bengaluru at cost of Rs. 10 crore. BBMP schools will also be upgraded at cost of Rs. 33 crores.
63. Ring road will be constructed in Belagavi and Raichur.
64. Development of beaches and eco-tourism will be encouraged and overall development of tourism will be planned at a total cost of Rs. 500 crore.
65. Even in the light of adverse financial situation, I have strived to protect the interest of all sections of the society.