New Delhi, Jun 15: Karnataka Chief Minister H D Kumaraswamy Saturday asked the Centre to extend GST compensation beyond five years, saying that the state will face "severe financial crunch" after the recompense period ends in 2022.

He was speaking at the first meeting of the Governing Council of Niti Aayog chaired by Prime Minister Narendra Modi here.

While implementing the Goods and Services Tax (GST), the Centre had assured the states to compensate them for loss of their revenue for five years till 2022.

"While the revenue gap is being bridged by the assured compensation till 2022, the state has limited scope to mobilise additional revenue thereafter," Kumaraswamay said.

It is evident that at the end of 2022-23, there would be a steep fall in revenues of the state as compared to the protected revenue of 2021-22 which would have accrued to the state due to the constitutionally guaranteed compensation, he said.

"This would adversely impact developmental and other infrastructural projects implemented in the state as well as committed expenditure of the state government.

"Thus, in case this revenue gap is not bridged in the coming years despite all compliance efforts, adequate compensation, in the manner as envisaged in the Compensation Act, should be extended beyond 2022," he added.

Stating that Karnataka is the most arid state in the country after Rajasthan, the Chief Minister said the state "faces serious drinking water challenges. Ground water table is depleting and ground water sources are getting contaminated."

He urged the prime minister to significantly increase the allocation to rural drinking water sector.

Karnataka is investing Rs 2,800 crore during 2019-20 for rural drinking water, of which the centre's share is only Rs 400 crore, he added.

The chief minister also urged the Centre to approve Rs 2,064 crore relief from the National Disaster Relief Fund (NDRF) for damage to crops in the 2018-19 rabi season.

He also urged the prime minister to release pending Rs 1,500 crore reimbursement under the MGNREGA scheme and raise the fund allocation under the scheme to ensure MGNREGA workers are not subjected to hardship due to delays in payment of wages.

On the ranking system adopted by NITI Aayog, Kumaraswamy said it should be more participative, scientific and transparent.

"For example, giving 58th rank to Bengaluru in Ease of Living Index is unacceptable as Bengaluru is widely rated as the most preferred city for work in the country by reputed agencies," he said.

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Chennai (PTI): TVK chief Vijay on Thursday unveiled sweeping assurances in the party manifesto ahead of the April 23 Assembly elections in Tamil Nadu that included Rs 2,500 monthly assistance for women below 60 years, 8 gm gold for marriage and six free cooking gas cylinders a year, per family.

The actor-turned-politician also assured a quality silk saree in addition to gold for indigent brides and interest-free loans up to Rs 5 lakh for women-run SHGs. He assured corruption-free good governance if voted to power in his maiden electoral fight.

The manifesto also laid importance on education. To prevent school dropouts, mothers or guardians of children studying in government and state-aided schools will receive Rs 15,000 annually.

Vijay promised 100 special residential schools named after iconic leader K Kamaraj, credited with revolutionising education in the state, and higher education loans of up to Rs 20 lakh. The TVK founder also assured AI Ministry, AI University and AI City.

The manifesto placed a strong emphasis on agrarian welfare, too.

The party promised a full waiver of agricultural cooperative crop loans for farmers owning less than five acres of land, while those holding more than five acres will receive a 50 per cent waiver. Additionally, the party promised a Minimum Support Price (MSP) of Rs 3,500 per quintal for paddy and Rs 4,500 per tonne for sugarcane.

Addressing youth unemployment, Vijay pledged to create five lakh new government jobs and offer as many stipendiary internships. Unemployed graduates will be provided a monthly aid of up to Rs 4,000. For government employees, the party assured consideration of the Old Pension Scheme and the regularisation of contract workers, including nurses.

On the health front, he promised a drug-free Tamil Nadu. Vijay also committed to modernising hospitals, providing free annual health checkups, and introducing a Rs 25 lakh family health insurance scheme.

The manifesto also included a Rs 3,000 monthly pension for the elderly and the differently-abled, 200 units of free power, patta (land deed) regularisation, and 100 per cent piped drinking water supply for all households.

Some of the policy intereventions promised by TVK include a legal guarantee to provide essential government services like community certificates, and land pattas, within a strictly specified timeframe.

Vijay also promised doorstep delivery of governance by implementing a system to deliver services, such as ration supplies, directly to the people. He also assured that ease of doing business will be paramount to his government and promised a strict guarantee that business licences will be issued within 21 days.

Elections to 234 Assembly seats in Tamil Nadu will be held on April 23 and outcome known on May 4. Vijay is facing his maiden electoral battle, billing it as a direct fight between the ruling DMK and his TVK.