BSY to present Karnataka budget today

Bengaluru: Chief Minister BS Yediyurappa, who also holds the finance portfolio will present the budget for fiscal 2020-21 in the Assembly on Thursday.

This will be Yediyurappa’s 7th budget and fifth as Chief Minister. The budget could have some of the promises the ruling party made in its manifesto ahead of the 2018 Assembly elections.

Though Yediyurappa assumed office again on July 26, 2019, he was compelled to re-present the budget for fiscal 2019-20 after JD-S-Congress coalition government collapsed on July 23 as its Chief Minister H.D. Kumaraswamy lost the trust vote in the Assembly.

“As the assembly had to pass the budget by July 30, with Kumaraswamy presenting a vote-on-account in February 2019, Yediyurappa did not have time to make major changes in the budgetary proposals for this fiscal,” the Finance Department official was quoted speaking to IANS.

“The thrust of the budget will be on agriculture, irrigation, infrastructure, energy, education, health and development of Bengaluru and other cities to accelerate uniform growth,” the official said.