BENGALURU: The Karnataka State Budget for the year 2017-18, was proposed by CM Siddaramaiah in Vidhana Soudha on Wednesday.
There have been many major investments in different fields for the welfare of the state. Among them, the Chief Minister announced that the VAT (Valued Added Tax) on alcohol will be scrapped from April 1. Movie tickets will get cheaper and is to be capped at Rs. 200 in multiplexes and the screening of Kannada and regional language films will be compulsory.
‘Namma Canteen’, will be launched and will offer lunch at Rs.5/- and dinner at Rs. 10/-.The government has invested Rs 100 crores for the ‘Namma Canteen’ initiative which will serve food at affordable prices in each ward of Bengaluru Mahanagara Palike (BBMP).
The budget includes free laptops for the students of first year engineering, medical, polytechnic and first grade colleges.
Anna Bhagya scheme aims at increasing the distribution of food grains from the current 5kg to 7kg per person and distribution of loan at 0% interest to women Self-Help Groups through co-operative societies.
Regina Dcruz, an employee of Mind Edutainments said, “The budget seems to be decent and our government seems to be influenced by the Govt. of Tamil Nadu with respect to the cap on movie ticket prices and Amma Canteen” to The Beacon.
The GST (Goods and Services Tax) is proposed to be introduced in the country with effect from July 1, 2017. Siddaramaiah, who holds the record of being the only Karnataka CM to present the highest number of budgets, is expected to focus on waiving off farm loans.
Free Wi-fi facility will be given in all the Gram Panchayats in the first phase implementation through KEONICS (Karnataka State Electronics Development Corporation Limited).
In addition, 2500 drinking water units(water ATMs) to be set up in villages. With regard to the controversial steel flyover, the budget also proposes widening of Hebbal flyover and construction of an under-bridge at a cost of Rs 88 crore to increase tree cover across the state.