Despite presenting a revenue deficit budget, the chief minister pinned his hopes on the government's guarantee schemes to ensure the party's success in the upcoming Lok Sabha election.
The CM announced ₹1,20,373 crore for welfare programmes, of which 43% (₹52,000 crore) was set aside for the government's five flagship welfare schemes - Shakti, Gruhajyoti, Gruha Lakshmi, Yuvanidhi and Annabhagya.
"Through the five guarantee schemes, we are putting ₹52,000 crore in the hands of crores (tens of millions) of people... an average of ₹50,000 to ₹55,000 is transferred to each family every year through these guarantee schemes," Siddaramaiah said.
Outlay on these five schemes went up by around 47% - in the last budget, ₹35,410 crore was set aside for these five schemes. "The positive economic and social impact of the guarantee schemes will become more clear with time," he said.
Esta historia es de la edición February 17, 2024 de Hindustan Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición February 17, 2024 de Hindustan Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
RANJI TROPHY: CHANDIGARH TAKE LEAD AGAINST DELHI
Hosts Chandigarh took a 48-run lead against Delhi on the second day of the Ranji Trophy match at the Government Model Senior Secondary School, Sector 26, ground on Thursday.
WPL retentions: All teams keep their core intact
Defending champions Royal Challengers Bengaluru (RCB) let go of as many as six players from their squad—the most among five Women's Premier League (WPL) teams after the conclusion of the retention window and before the upcoming mini-auction.
Looking at Tests through prism of T20 doesn't work
Jasprit Bumrah has hit eight sixes in Tests. The great Don Bradman hit six sixes in 52 Tests in a career spanning 20 years.
Indonesian volcano that killed nine people erupts for 2nd time in a week
Indonesia's Mount Lewotobi Laki Laki unleashed towering columns of ash into the air, on Thursday, in an even larger eruption than the one that killed nine people and injured dozens of others three days ago.
HURRICANE RAFAEL SPARKS NATIONWIDE BLACKOUT
Hurricane Rafael knocked out power to all of Cuba, on Wednesday, as it slammed through the cash strapped island, which was still reeling from a recent blackout and a previous deadly storm.
Centre-state budget talks, GST Council meet likely in December
Finance minister Nirmala Sitharaman is set to consult state finance ministers on the FY26 Union Budget following Parliament's winter session, which concludes on 20 December.
Indian Hotels gets keys to The Claridges
Indian Hotels Co. Ltd (IHCL) has signed a deal to run the historic The Claridges hotel in New Delhi under a 25-year management contract beginning in April, as part of the Tata group company's strategy to strengthen its presence in key metro cities with similar iconic properties.
TAX DEPT CARRIES OUT SURVEYS AT TRUECALLER'S INDIA OFFICES
The Income Tax department on Thursday carried out surveys at the India offices of caller identification global platform, Truecaller.
E-way bills touch record high in Oct on festive demand
India's supply chain activity reached new heights in October, with e-way bill generation—a key measure of freight movement and economic health—surging to an unprecedented 11.72 crore, marking a 17% year-on-year increase, according to data from the Goods and Services Tax Network (GSTN).
ED raids 19 vendors of Amazon, Flipkart over Fema violations
THE CCI RECENTLY FOUND BOTH COMPANIES ENGAGED IN ANTI-COMPETITIVE PRACTICES
