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Reading: 5 pre-poll promises Siddaramaiah govt vows to fulfil in fiscal yr & how much it’ll cost exchequer
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Vmp Ltd > Blog > Politics > 5 pre-poll promises Siddaramaiah govt vows to fulfil in fiscal yr & how much it’ll cost exchequer
Politics

5 pre-poll promises Siddaramaiah govt vows to fulfil in fiscal yr & how much it’ll cost exchequer

Last updated: 2023/06/02 at 10:27 PM
12 Min Read
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Bengaluru: The Siddaramaiah-led Congress authorities in Karnataka has assured that every one 5 pre-poll guarantees made by the celebration within the run as much as the meeting elections will likely be carried out on this fiscal yr itself.

Contents
Gruha Lakshmi Gruha JyothiAnna BhagyaShakthiYuva Nidhi

“We had a particular cupboard assembly, mentioned it and have determined to implement all 5 ensures this fiscal yr,” Chief Minister Siddaramaiah advised reporters in Bengaluru Friday.

Although the CM and his cupboard have been reluctant to share the precise price of those schemes, Siddaramaiah on 20 Might had stated that 5 pre-poll ensures will price a whopping Rs 50,000 crore to the state exchequer.

“We now have to streamline and prune our expenditure, lower loads of schemes, rationalise spending to make up (the fee) and mobilise sources,” a senior authorities official, who wished to not be named, advised ThePrint. “For the remaining, we have now to borrow (extra capital).”

Karnataka is without doubt one of the few states within the nation whose debt to Gross State Home Product (GSDP) ratio continues to be below test. However the present liabilities are round Rs 5.65 lakh crore and the GSDP is round Rs 25.67 lakh crore, in keeping with officers from the state finance division.

The state already offers out Rs 31,000 crore in numerous subsidies associated to agriculture, meals safety and different provisions. The extra price of the ensures will add to this determine, the officers stated. They added that the precise price could be calculated on the quantity of people that join the ensures and people lastly declared eligible by the federal government.

With income streams drying up as a result of fifteenth finance fee calculations, the state is more likely to go in for added borrowings and add to the strain on its coffers.

ThePrint takes a take a look at the Congress’s 5 ensures and the way a lot every will possible price the state authorities.


Additionally learn: Sunil Kanugolu, behind Congress’s ‘PayCm’ & ‘40% sarkara’ Karnataka campaigns, set to change into CM advisor


Gruha Lakshmi 

In line with the officers who spoke to ThePrint on situation of anonymity, Gruha Lakshmi is presumably the most costly of the ensures which assures a sum of Rs 2,000 to ladies heads of households.

There are 1.61 crore households in Karnataka and 1.28 crore ration playing cards within the state, in keeping with info shared by senior authorities officers.

See also  Govt may seek review after three Chhawla rape accused acquitted

Chatting with media individuals Friday, Siddaramaiah stated that every one ladies within the state — whether or not from BPL or APL households — will likely be eligible for this scheme and this will likely be along with any authorities or social safety pensions they at present avail.

Between 15 June and 15 July, ladies can submit their checking account and Aadhaar card particulars to use for this scheme after deciding who the top of the family is, the mother-in-law or the daughter-in-law — a debate that has raged on within the state ever for the reason that Congress stormed to energy.

All ration playing cards are given to ladies head of households and the title of the person is talked about provided that there isn’t a girl above the age of 18 within the residence.

By this calculation, and the idea that every one ladies ration card holders avail this profit, the overall price of the Gruha Lakshmi scheme will come as much as Rs 30,720 crore per yr or Rs 2560 crore monthly.

The federal government will course of the beneficiaries between 15 June and 15 August and begin to deposit the cash immediately into their accounts beginning Independence Day in an occasion deliberate by the Congress celebration.

A software program will likely be developed to implement the method, the CM added.

Gruha Jyothi

The Congress celebration has promised as much as 200 models of free energy for all home customers within the state.

“Below this scheme, the federal government will keep in mind the one-year common energy consumption and can give free electrical energy as much as 10 per cent greater than the common utilization. This scheme will likely be relevant for the ability utilization from July 1, 2023. Shoppers must (should) pay the arrears until that day,” stated an announcement by the CM’s workplace Friday.

Officers concern that this scheme will add to indiscipline amongst customers and enhance monetary liabilities.

“This scheme will price between Rs 12,000-14,000 crore per yr. Along with present subsidies of over Rs 14,000 crore for agriculture, the overall price of the assure will likely be round Rs 25,000 crore,” the official cited above advised ThePrint.

There are 1.61 crore households in Karnataka and a pair of.14 crore electrical energy metres within the home section.

See also  GST not payable on govt incentive to banks for promoting RuPay, BHIM-UPI: Finance ministry

ThePrint had reported that senior authorities officers had raised issues in regards to the influence of this assure on the ability sector and even steered that an quantity be paid to beneficiaries who can then pay their electrical energy payments. The cupboard didn’t heed to those suggestions, at the very least two officers advised ThePrint.

If the estimates maintain true, then virtually 80 per cent of all home consumption and the entire agriculture sector will stop to be paying prospects.

A senior official within the state vitality division advised ThePrint that this scheme may have a cap of 200 models and the buyer has to pay the differential if there’s a spike from the common.

“Whosoever (shopper) is previous the extent of consumption, his invoice will likely be reimbursed to that a lot extent, topic to him being inside 200 models of consumption monthly. So, he’ll get a invoice of Rs 0 and won’t must pay. If there’s an irregular enhance in consumption, one has to pay the differential,” he added.


Additionally learn: Siddaramaiah govt’s free energy plan might ‘price Rs 12,000 crore/yr, enhance consumption’


Anna Bhagya

An extension of the sooner scheme by the identical title, this assure assures 10 kg of rice per head for all BPL card and ‘Antyodaya’ card holders, Siddaramaiah advised reporters in Bengaluru Friday.

“The BJP authorities diminished the amount of meals grains from 7 Kg to five kg. Now the amount of foodgrain will likely be elevated to 10 Kg. This scheme will likely be launched from 1 July because the foodgrains for the month of June have already been dispatched and extra meals grains must be procured. Antyodaya card holders and BPL card holders will likely be benefitted,” he added.

Officers add that 5 kg of rice comes from the federal government of India without spending a dime however the extra price of procuring 7 kg earlier was round Rs 6,000 crore. With the scheme now promising 10 kg rice, the extra price of procurement is round Rs 10,000 crore, taking the overall to round Rs 16,000 crore.

Shakthi

The Siddaramaiah authorities has introduced completely different dates for the implementation of the proposed ensures with the free public bus journey for ladies, or ‘Shakthi’, to begin from June 11.

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Below this scheme, all ladies within the state can avail the advantages of Shakthi that can cowl 94 per cent of all feminine vacationers, in keeping with authorities estimates. Barring AC and luxurious buses, all public bus journey for ladies inside the state, together with inter-district, is free for all sections.

Siddaramaiah quipped that bus journey can be free for his personal spouse as properly, whereas his deputy, D.Okay. Shivakumar, added that even Karnataka’s chief secretary (a girl) can avail this facility.

A complete of fifty per cent of the seats will likely be reserved for ladies in inter-district buses, however no such restrictions will likely be in place for bus journey inside the metropolis.

Officers say that this scheme is more likely to price the state Rs 4,000 crore per yr and additional add to the rising losses of the general public transport system by numerous metropolis and state service suppliers.

The federal government can also be planning to introduce good playing cards and readers to make sure the service is supplied with out hassles, however acknowledge the preliminary hitches in implementing the assure, the senior authorities official cited above advised ThePrint.

Yuva Nidhi

This assure proposes to present Rs 1,500-3,000 for all diploma holders and graduates who handed out of their respective programs in 2022-23. On common, there are round 4 lakh college students who move out of assorted programs within the state, together with skilled streams like medical, legislation and engineering, stated officers.

“We now have given them six months to search out jobs. After six months…for 2 years they are going to be eligible…graduates will likely be eligible for Rs 3,000 (monthly), all of the diploma holders will likely be eligible for Rs 1,500 (monthly),” Shivakumar stated to reporters Friday.

Going by the rules, eligible candidates must apply to learn from the scheme, however the first cost will solely come six months later and provided that the particular person fails to discover a job. This assure is the least costly and more likely to price round Rs 2,000 crore per yr, officers added. That is the least costly of the proposed schemes.

(Edited by Zinnia Ray Chaudhuri)


Additionally learn: Siddaramaiah will get finance, plum Bengaluru for Shivakumar as rivalry spills over to cupboard allotment


 

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