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.
This story is from the February 17, 2024 edition of Hindustan Times.
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This story is from the February 17, 2024 edition of Hindustan Times.
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