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."
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Allen, Raghuvanshi, Green power KKR to 29-run win over GT
Kolkata (PTI): Finn Allen blasted a 35-ball 93, while Angkrish Raghuvanshi hit an unbeaten 44-ball 82 as Kolkata Knight Riders kept their playoff hopes alive with a 29-run win over Gujarat Titans in the IPL match here on Saturday.
Sent in to bat, Allen went on a six-hitting spree, smashing 10 maximums and four boundaries to add 95 off 41 balls with Raghuvanshi (82).
Raghuvanshi then shared another 108 off 53 balls with Cameron Green (52 not out) to power KKR to a challenging 247 for 2.
In reply, GT could manage 218-4, riding on skipper Shubman Gill's 49-ball 85 and a 35-ball 57 from Jos Buttler. Opener Sai Sudarsan was retired hurt but returned to make a 28-ball 53 not out.
Sunil Narine (2/29) claimed two wickets and Saurabh Dubey snapped one for KKR.
For GT, Mohammed Siraj (1/50), Sai Kishore (1/38) were the wicket-takers.
Brief Score:
KKR: 247 for 2 in 20 overs (Finn Allen 93, Angkrish Raghuvanshi 82 not out, Camero Green 52 not out; Mohammed Siraj 1/50).
GT: 218 for 4 in 20 overs (Shubman Gill 85, Sunil Narine 2/29).
