Karnataka's financials good in 100 days of BJP rule: CM Yediyurappa


Bengaluru, Nov 5 (IANS): Karnataka's financials in the first 100 days of the BJP government's rule are good and financial discipline is also well maintained, said Chief Minister B.S. Yediyurappa on Tuesday, November 5

"The state's financial situation and tax collection is as per the target in all departments except transport department. Financial discipline is also well maintained," Yediyurappa said here to mark the occasion.

The 76-year-old Yediyurappa became Chief Minister of the southern state for the fourth time on July 26, days after the JD(S)-Congress coalition government fell on July 23 when its Chief Minister H.D. Kumaraswamy lost the trust vote in the state Legislative Assembly after 17 rebel legislators from both parties resigned and did not attend the 10-day monsoon session.

The BJP government completed 100 days in office on November 2.

Yediyurappa, who also holds the finance portfolio, however, did not share the financial numbers, including the target set and achieved in the first 100 days of his government.

As the over three-month-old fledgling BJP government passed by voice vote on July 29 the state budget for fiscal 2019-20, presented by Kumaraswamy on February 8 before the general election in April-May, the estimates have not changed.

Burdened by Rs 12,650-crore farm loan waiver and other exigencies, Kumaraswamy projected a deficit budget for the present fiscal.

The estimated tax revenue of Rs 1,18,993 crore, including Goods and Services Tax (GST) compensation from the central government was projected to be 11.9 per cent over the revised estimate of fiscal 2018-19.

Though the budget has projected Rs 258 crore revenue surplus for 2019-20 as against revised estimate of Rs 194 crore for fiscal 2018-19 and reduced the burden on the capital account to Rs 174 crore from the budget estimate of Rs 579 crore for 2018-19, the budget estimates Rs 687 crore deficit for 2019-20.

"We came to power with new concepts for development and to provide corruption-free governance. But sudden floods in two-thirds of the state in August forced us to provide relief works, restore normalcy, provide shelter, housing, essentials and resume services that were disrupted by the trail of disaster by heavy monsoon rains and flooding," said Yediyurappa.

  

Comment on this article

  • Amith, udupi

    Wed, Nov 6 2019

    Dear Sir ,

    I had 1000 Rs and i didnt spend it on anyone and continued to beg and got 1000 more in 100 days and my financials are good . now i will continue to beg and will make it better ...

    DisAgree Agree [2] Reply Report Abuse

  • shailu, kolkatta

    Wed, Nov 6 2019

    Kudos Much better finance management

    DisAgree [1] Agree Reply Report Abuse

  • Satya, Mangalore

    Wed, Nov 6 2019

    Superman really !!!!!!!. I think Modi should immediately call him at the Centre to manage the Finance portfolio as our national economy is in doldrums and a genius like Yeddy is urgently required there.

    DisAgree Agree [4] Reply Report Abuse

  • Anticorrupt, Mangalore/Kuwait

    Tue, Nov 5 2019

    I wonder if these so called corrupt politicians even know abcd of finance. These guys are sick rather worth puke.

    DisAgree Agree [7] Reply Report Abuse

  • YOGI THUNTA, MANGALURU - NEAR PUMPWELL CIRCLE

    Tue, Nov 5 2019

    Yeddiyappa your game is over ! Just enjoy the days of you are in power ! Keep silence and low profile that is good for your health. Shoba is waiting for you with CHIKKAMAGALUR IDLI SAMBAR AND VADE ! UPPITTU with MASALA TEA

    DisAgree Agree [11] Reply Report Abuse

  • Charles D'Mello, Pangala

    Tue, Nov 5 2019

    Anyway the money will not reach the flood relief for sure......!!!!????

    DisAgree Agree [18] Reply Report Abuse

  • Charles D'Mello, Pangala

    Tue, Nov 5 2019

    Mr. Yeddy has a magic wand......!!!!!!??????

    DisAgree [2] Agree [9] Reply Report Abuse

  • Alwyn, Mangalore

    Tue, Nov 5 2019

    Yeddi is talking about him. In 100 days, he secured 100 cores in his account.

    A Karnataka State survey was conducted by the survey company. The only question asked was: "Would you please give your honest opinion about good solutions to the financial shortage in the parts of Karnataka state?" The survey was a huge failure. In the north, they didn't know what "finance " meant. In East Karnataka, they didn't know what "honest" meant. In West Karnataka, they didn't know what "shortage" meant. In Central Karnataka, they didn't know what "opinion" meant. In the capital of Karnataka, they didn't know what "solution" meant. In BJP members of Karnataka, they didn't know what "please" meant. And in the south Karnataka, they didn't know what "the parts of the Karnataka State" meant.

    Bharath Matha Ki joiy!!
    BJP chaddi ji koi!!
    Yeddi Ajja ki hoii hoii!!!

    DisAgree Agree [16] Reply Report Abuse

  • JL, Mangaluru Smart City

    Tue, Nov 5 2019

    This is the suitable man for Indias Finance minister post. Give him 100 days and he will change the economy..

    DisAgree Agree [33] Reply Report Abuse

  • Narendra Kumar, Mangalore

    Tue, Nov 5 2019

    Who has asked you about your financials now during re-elections? Why the flood releif package has not reached the poor farmers??? You want Mr. Modi and Mr. Amith Shah to come and disburse the flood releif money? Never seen such a C.M in power like you in the history of Karnataka. You better take political sanyas.

    DisAgree Agree [31] Reply Report Abuse

  • Dsouza, Mudarangadi/udupi

    Tue, Nov 5 2019

    Now they can think for big scam.... Government treasure has full money.

    DisAgree Agree [33] Reply Report Abuse

  • VISHUKIRAN FERNANDES, Kalasa

    Tue, Nov 5 2019

    Obviously govt. treasury will be full only. Where has the govt. spent? Tax money is all getting filled. Govt. has money, but public has no money.

    DisAgree Agree [30] Reply Report Abuse

  • Gilbert, Udupi/Kuwait

    Tue, Nov 5 2019

    Yeddiji, Do you have a magic wand for good financials??? Why do you fake??? Any scams? or Audio clips of MLA's!!!

    DisAgree [1] Agree [32] Reply Report Abuse

  • ayesha devi, mangaluru

    Tue, Nov 5 2019

    Financials Good, but development works are stalled. Great!

    DisAgree [1] Agree [35] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, Nov 5 2019

    Assets are multiplying
    Any scrutiny by ED, IT, CBI of any other government agencies. ???
    75% of people are living under poverty and malnourished.
    Wealthy and Royal class must follow his advise. Especially the Gujju breed who build extra fat all over their body.

    DisAgree Agree [26] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Tue, Nov 5 2019

    Being trained under Modiji in publishing the facts & figures of Economy & achievements.
    These guys are bestowed with some super powers.

    DisAgree [1] Agree [27] Reply Report Abuse

  • Roshan Rodrigues, Mangalore

    Tue, Nov 5 2019

    ಯಾಕೊಪ್ಪೋ ನೆರೆ ಸಂಸ್ತರಿಗೆ ದುಡ್ಡು ಕೊಡಲು ದುಡ್ಡಿಲ?
    ನಿನ್ನ ನೂರು ದಿನದ ಷೋ ತೋರಿಸಲು ಪುಸ್ತಕ ಪ್ರಿಂಟ್ ಮಾಡಿದಿ ಇದಕ್ಕೆ ಎಲ್ಲಿಂದ ದುಡ್ಡು ?

    DisAgree [3] Agree [30] Reply Report Abuse

  • Jossey Saldanha, Atlanta

    Tue, Nov 5 2019

    Only Income & no Expenditure ...

    DisAgree [1] Agree [36] Reply Report Abuse


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