Bengaluru, Feb 18: The Karnataka cabinet on Thursday decided to present the annual budget for the year 2021-22 on March 8.

"Budget will be tabled on March 8. The budget session will go on till March end," Karnataka Law and Parliamentary Affairs Minister Basavaraj Bommai told reporters after the cabinet meeting.

He said the session will start on March 4 and will go on till the month end.

There would be a debate on 'One Nation, One Election' on March 5.

During the meeting, the cabinet gave its nod for road construction under the Phase-3 of Pradhan Mantri Gram Sadak Yojana at an estimated cost of Rs 1,848.95 crore.

Under this scheme, 2,201.74 km road laying work will be taken up in the rural areas of the state.

The government decided to establish an Agriculture college in Chamarajanagar as announced in the 2018-19 budget.

The work will be completed in three years at an estimated cost of Rs 35 crore.

The state government also resolved to increase the compensation to land owners giving up their land for industrial projects.

The cabinet also gave its approval to amend sections 38 and 39 of the Karnataka Money Lenders Act, enhancing punishment from six months to one year for first time offenders and two years and above for repeated offence.

The fine has also been increased from Rs 5,000 to Rs 50,000.

The state government has decided to upgrade eight maternal child hospitals and two general hospitals for which Rs 199 crore sanctioned under the National Health Mission.

It also sanctioned Rs 700 crore as payments to the government and private hospitals for treating COVID-19 patients till March this year.

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Pune (PTI): A horse was injured and a few vehicles were damaged after a hoarding collapsed due to strong winds in Maharashtra’s Pune city, police said.

The billboard crashed to the ground between 5 pm and 6 pm on Saturday outside a wedding hall near Kavdi Pat toll booth on the Pune-Solapur Highway, an official said.

The incident comes days after a giant illegal billboard in Mumbai’s Ghatkopar area collapsed on a petrol pump due to gusty winds and unseasonal rains, killing 16 persons and injuring 75.

Citing preliminary information about the incident in Pune, the police on Saturday said the hoarding collapsed due to strong winds and it fell on a horse, and a few vehicles, including one brought by a band party, outside the Gulmohar Lawns wedding hall.

The injured horse was rescued and taken for treatment, the official said.