The Chief Minister, Basavaraj Bommai announced his maiden Karnataka budget 2022 on March 4. With the state’s assembly Polls only a year away, this is likely to be the last full-fledged budget till the elections.
Taxpayers heaved a sigh of relief as the Chief Minister announced that there would be no additional taxes and the petrol and diesel prices would not be increased. The budget prioritized education, empowerment, and employment for the socially and economically weaker sections.
Karnataka Budget 2022 – Key Takeaways
Find below the highlights of the Karnataka budget 2022 presented by the CM Basavaraj Bommai:
Revenue Collection Targets
- Commercial Taxes Department: Rs 77,010 crore
- Excise Department: Rs 29,000 crore
- Transport department: Rs 8,007 crore
- Stamps and Registration Department: Rs 15,0000 crore
Revenue And Expenditure
- Total receipts projected: Rs 2,61,977 crore
- Total expenditure: Rs 2.65 lakh crore
- Revenue deficit: Rs 14,699 crore
- Fiscal deficit: Rs 61,564 crore
- Total liabilities estimated at the end of 2022-23: Rs 5,18,366 crore
Major Announcements In Karnataka Budget 2022
There were several initiatives announced as part of the Karnataka Budget. The highlights are:
Administrative Reforms and Public Services
- Center for Technology Research in Digital Governance to partner with IIIT-Bengaluru to promote service delivery through e-governance.
- Rs 80 crore to be spent in the development of automatic driving testing tracks in Ballari, Bhalki, Davanagere, Devanahalli, Gadag, Hospet, Kolar, Vijayapura and Yadgir.
- Facility to pay monthly taxes for vehicles with a quarterly tax payout exceeding Rs 30,000.
- The subsidy currently being given to 125 Kannada cinemas would be increased to 200 cinemas.
Conservation Of Culture, Heritage And Natural Resources
- Karnataka Kalagrama to be developed under the PPP model.
- Centre for “Arebhashe” to be set up at Mangaluru University.
- ‘Adopt a Monument’ scheme listed to allow people to adopt archeological monuments in the state and take responsibility for their maintenance and development. Tourist guides to be given monthly incentives.
- Eco budget of Rs 100 crore announced to fight climate change and ecological conservation
- ‘Blue-Plastic Management scheme’ to be created with help from the World Bank at the cost of Rs 840 crore over the next 5 years.
- KSTDC “Pavitra Yatre” program was announced to facilitate pilgrimage center tours.
- Rs 5,000 per person subsidy announced for 30,000 Kashi pilgrims.
Bengaluru City Development
- Detailed Project Report for Phase-3 of Bengaluru Metro costing Rs 11,250 crore to be submitted. The metro will cover 32 km connecting Hebbal to JP Nagar and 13 km connecting Hosahalli to Kadabagere.
- Metro station at Banashankari junction to be connected with bus stand by Sky Walk costing Rs 45 crore.
- Rs 55 Crore allotted for connecting metro stations to railway stations at Baiyappanhalli, KR Puram, Yeshwanthpura, Whitefield and Yelahanka.
- Four corridors of the 148 km Sub-Urban railway project to be completed at a cost of Rs 15,267 crore by 2026.
- Rs 404 crore set aside for infrastructure development at Sir M Visveshwaraiah, Banashankari 6th stage and Anjanapura layouts.
- 1,297 acres of land for Kempegowda Layout to be acquired soon.
- Rs 8,049 crore assigned for the comprehensive development of Bengaluru.
- Rs 89 crore to be spent on developing 20 selected schools as ‘Bengaluru Public Schools’.
- 500-bed super-specialty hospitals to be set up in four parts of Bengaluru under a Public-Private model.
- Rs 1,500 crore to be spent on developing mega stormwater drains in Bengaluru.
- 350 acres of Atal Bihari Vajpayee park to be set up at Yelahanka
Karnataka Budget 2022 – New Projects And Schemes For Investments And Employment Generation
- 2022-23 to be observed as ‘Jeevanopaya Varsha’ for youth and women employment.
- Rs 500 crore allocated for the first phase of the Pashchimavahini project.
- Rs 864 crore set aside to treat Vrishbavathy water and fill 234 lakes in Bengaluru Rural, Urban, Tumakuru, and Chikkaballapur districts.
- Rs 455 crore sanctioned for KC Valley project Phase 2.
- 5,000 MW capacity hybrid renewable energy park to be set up in 8 districts under PPP model.
- Bengaluru to get a ‘Mega Jewellery Park’ to generate employment for 10,000 people.
- FMCG (Fast Moving Consumer Goods) cluster to be set up in Dharwad with a special incentive package.
- Karnataka Special Investment Region Act to be formulated.
- Tumakuru and Dharwad districts to be categorized as Special Investment Region.
- ‘Beyond Bengaluru Cluster Seed Fund for Start-ups’ to be established in Mangaluru, Mysuru and Hubballi at a cost of Rs 20 crore of which Rs 12 crore to be provided this year.
- MySugar factory to be run by the state government on an experimental basis for two years. Rs 50 crore allocated for machinery repair.
- New textile parks to be set up at Navalgund and Ranibennur under the PPP model.
- Rs 30 crore to be spent on establishing Global Technology Centre plug and play facility at KSSOU in Mysuru.
- Rs 150 crore to be spent on developing Global Emerging Technology Design Centre at Belagavi.
- A proposal was made for new airports at Dharwad and Koppal.
- Raichur airport to be converted to Greenfield Airport at a cost of Rs 186 crore. Project to be funded by District Mineral Fund.
- Chikkamagalur, Madikeri and Hampi to get heliports at a cost of Rs 30 crore
Road And Infrastructure
- Rs 300 crore allocated to maintain and repair roads damaged during the monsoon.
- Rs 10 lakhs per lake allocated to the development of 1,000 lakes.
- Rs 3,500 crore to be spent on the development of 2,275 km of state highways.
- Rs 440 crore to be spent on re-asphalting 1,008 state highways.
- Proposal for spending Rs 640 crore on developing 55 km Gadag-Yelagavi new rail line to be submitted to the center.
- Rs 927 crore to be spent on implementing the Dharwad-Kittur-Belagavi rail line.
Karnataka Budget 2022 – Welfare And Socio-Economic Development
- Rs 3,000 crore announced for Kalyana Karnataka Region Development Board. Rs 1,500 crore to be spent on micro-projects and remaining on education, social and economic development.
- Rs 68,479 crore allocated to inclusive growth and the welfare sector.
- Rs 400 crore to be spent on development for backward communities.
- Rs 100 crore fund announced for Lingayat Development Board and Vokkaliga Board.
- Government to build 3 lakh houses for the economically weaker section in 2022-23 under various schemes.
- 10,555 sites to be developed under 10 KHB projects.
- Rs 2,610 crore allocated for the welfare scheme to benefit 2.3 lakh construction workers.
- Survey of Wakf properties in the state to be completed.
- Financial assistance to be provided to street vendors, pushcart vendors, etc. under National Livelihood Mission.
- Government to partner with IIM to train 300 SC/ST women in entrepreneurship skills.
- Bengaluru Vinaya Samarasya Yojana announced to eradicate untouchability.
- Narayana Guru memorial residential schools to be set up at Dakshina Kannada, Udupi, Uttara Kannada and Shivamogga
- Creches to be set up in two taluk headquarters per district to benefit working women.
- Honorarium for Anganwadi workers increased by Rs 1,250 for those who served between 10-20 years and Rs 1,500 for those who served for 20 years.
- ‘Poushtika Karnataka’ scheme announced to distribute fortified rice in 14 districts in an effort to fight malnutrition. The scheme will cost Rs 93 crore.
- Loans worth Rs 24,000 crore to be given to 3 lakh farmers.
- Rs 500 crore fund to be given to marginal farmers under the Raitha Shakthi Yojana.
Karnataka Budget 2022 – Education
- Government high schools and PU colleges to be furnished with a budget of Rs 100 crore.
- Rs 500 crore allocated for infrastructure development at government schools.
- Residential schools run under the Minority Welfare Department to be merged and renamed as ‘APJ Abdul Kalam residential schools’. Rs 25 crore to be spent o0n modernizing these schools.
- Digital libraries to be set up across the state
- 1000-gram panchayats given 2 years to become fully literate.
- ‘Mukhyamantri Vidyarthi Margadarshini’ scheme announced for free KPSC. UPSC, SSC, NEET, JEE and other exam coaching.
- Mid-day meal cooks and helper’s honorarium increased by Rs 1,000.
- 7 Karnataka Institute of Technology to be set up on the lines of IITs.
- New model universities to be set up in Bidar, Chamarajanagar, Haveri, Hassan, Koppal Kodagu and Bagalkot districts.
- Multi-storied hostel complexes with a 1,000 student capacity to be set up under ‘Deen Dayal Upadhayaya Sauharada Vidyarathi Nilaya’.
- Rs 750 crore allotted for Dr. BR Ambedkar hostels and Rs 165 crore allotted for Kanakadasa Hostels.
- New agriculture college to be set up at Ballari district and Athani
Hospitals And Medical Aid
- Rs 1,000 crore set aside to improve 100 Primary health care centers.
- 100 hi-tech mobile clinics to be set up for the benefit of construction workers in the state.
- Rs 50 crore allotted to the development of Kidwai Regional Cancer Centre in Belagavi.
- Rs 89 crore to be spent on modernizing KR Hospital in Mysuru
- Asha workers honorarium to be increased by Rs 1,000.
- Rs 1,000 crore to be spent on Ramanagara Rajiv Gandhi University of Medical Sciences campus.
- Hubbali to get a new regional cardiac center at a cost of Rs 250 crore.
- 438 ‘Namma Clinics’ to be set up across the state.
- 75 taluk hospitals to be set up for cardiac-related treatment.
- Government hospitals with more than 200 beds to be converted to teaching hospitals.
- Rs 11 crore to be spent on establishing mobile clinics in Bidar, Chamarajabagar, Haveri and Chikkamagalur districts.
- ‘Shuchi’ scheme announced for the distribution of menstrual cups in Chamarajanagar and Dakshina Kannada districts.
- Rs 50 crore allocated to increase the number of Gau-shalas to 100.
- 2,000 cattle to be distributed to farmers in order to preserve local varieties.
- Gau Mata Sahakari Sangha to be set up.
- State to get 100 new veterinary hospitals and Krishi Samruddhi Sahakari Bank.
- Sericulture training center to be set up at KR Pet, Mandya on PPP model.
- Compensation for accidental death of goats and sheep increased to Rs 3,500.
- 100 deep-sea fishing boats to be sanctioned.
- Dredging to be initiated at 8 fishing ports.