Union Budget is forward looking and growth oriented: CM Bommai
Bengaluru, Feb 1: Karnataka Chief Minister Basavaraj Bommi on Tuesday described the Union Budget as forward looking, growth oriented and progressive and said it has covered all sections and sectors.
"This is the budget amid COVID pandemic. This is the forward looking budget as far as the growth of the economy is concerned and through this budget investments in infrastructure will increase and it will boost the further growth of the economy," Bommai said.
Speaking to reporters here, he said, it will also help in creation of jobs and will help all classes of people.
"The budget has taken care of all sectors.....Common man, the working class and the business class will benefit from this budget," he said.
Noting that the budget has taken care of all sectors including urban and rural, the Chief Minister said, MSME sector has also been taken care of as the guarantee cover for them under ECLGS (Emergency Credit Line Guarantee Scheme) has been expanded by Rs 50,000 Crore to total cover of Rs 5 lakh Crore.
"Revival of MSMEs is important for the economy," he said, adding that the budget has also given thrust to railways, highways, healthcare, also reforms in the education sector among others.
In 2022-23, states will be allowed a fiscal deficit of 4 per cent of GSDP, he said and described power reforms announced in the budget as very necessary. Bommai said, "capital outlay for the state has been increased, and as per the rough estimates we have done we may get about Rs 3,000-3,500 crore in excess to our capital account. Last time it was Rs 26,000 crore we may get about Rs 29,000 crore."
Regarding the proposal for interlinking of rivers, in response to a question, he said, "any projects which involve inter state rivers will have a certain amount of controversy, but this (river linking) might resolve long pending issues between the states if there is fair allocation of water and transparency in process, based on the need and contribution by states...it might do justice. We will fight for it."
Further pointing out that Krishna-Pennar, and Pennar-Cauvery river linking has been mentioned in the budget, he further said, "they(centre) have said they will go ahead once all states agrees to the DPR, it is still under discussion. When DPR is being prepared, our state's share has to be decided in a right way-this is our stand....until then DPR cannot be finalized, we will stand by it."
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Sujit Nair raises concerns over speculation of DMK-AIADMK understanding to block TVK
Chennai: Journalist and political commentator Sujit Nair has expressed concern over speculation that the Dravida Munnetra Kazhagam and the All India Anna Dravida Munnetra Kazhagam could explore a post-poll understanding to prevent Vijay-led Tamilaga Vettri Kazhagam from forming the government in Tamil Nadu.
In a social media post, Sujit Nair said the election verdict in Tamil Nadu reflected a clear public demand for political change and argued that the mandate should be respected irrespective of political preferences.
Referring to reports and political discussions surrounding a possible understanding between the DMK and AIADMK, he said he hoped such developments remained only speculative conversations and did not turn into reality.
Nair stated that if such an alliance were to take shape, it would raise serious questions about ideological politics in the country. He said TVK had emerged through a democratic electoral process and that the legitimacy to govern in a parliamentary democracy comes from the people’s verdict.
According to him, attempts to prevent an electoral winner from forming the government through unexpected political arrangements may be constitutionally valid, but many people could view them as politically opportunistic.
He further said that such a move could particularly affect the political image of the DMK, which has historically projected itself around ideology, social justice and opposition politics. Nair said that in ideological terms, the DMK appeared closer to TVK than to the AIADMK, and joining hands with its long-time political rival only to remain in power could weaken its broader political narrative.
He added that the same questions would apply to the AIADMK as well, as the party had spent decades positioning itself against the DMK and such an arrangement could create discomfort among its cadre and supporters.
Drawing a comparison with Maharashtra politics in 2019, Nair said he had expressed similar views when the Shiv Sena formed an alliance with the Indian National Congress and the Nationalist Congress Party after the Assembly elections.
He said post-poll alliances between long-standing political rivals often create a public perception that ideology and electoral mandates become secondary when political power equations come into play.
Nair also said such developments increase public cynicism towards politics and reinforce the belief among voters that ideology is often sidelined after elections.
He maintained that the Tamil Nadu verdict was emphatic and said respecting both the spirit and substance of the mandate was important for the credibility of democratic politics.
