Bangalore: The Karnataka State Assembly today passed the vote on account budget for 2014-15.
Chief Minister Siddaramaiah, who also holds finance portfolio, asserted that proposals outlined in the Budget lay thrust on social justice and inclusive growth and the fiscal deficit has been maintained below three per cent of the Gross State Domestic Product (GSDP).
The fiscal deficit which was 2.90 per cent of GSDP in 2013-14 was expected to touch 2.92 per cent during 2014-15, which is below three per cent limit set by the Centre, he said while replying to discussion on the budget in the state assembly.
He termed the Budget as "revolutionary" that fulfils promises held out in Congress election manifesto.
"Out of 165 promises made in the election manifesto, 65 have already been fulfilled and another 30 more promises will be realised this year," he said.
Also as many as 272 government orders have been issued with relation to the party's election manifesto, Mr Siddaramaiah added.
Mr Siddaramaiah assured members that the government would address problems faced by coconut, sugarcane and groundnut growers.
The government is gearing up to tackle the drought situation prevalent in some parts of the state, he said.
Opposition BJP members led by its leader Jagadish Shettar staged a walkout unsatisfied by the reply.
The House later approved the vote-on-account Budget.
Mr Siddaramaiah had sought a vote-on-account for four months commencing from April 1, 2014.
Chief Minister Siddaramaiah, who also holds finance portfolio, asserted that proposals outlined in the Budget lay thrust on social justice and inclusive growth and the fiscal deficit has been maintained below three per cent of the Gross State Domestic Product (GSDP).
The fiscal deficit which was 2.90 per cent of GSDP in 2013-14 was expected to touch 2.92 per cent during 2014-15, which is below three per cent limit set by the Centre, he said while replying to discussion on the budget in the state assembly.
"Out of 165 promises made in the election manifesto, 65 have already been fulfilled and another 30 more promises will be realised this year," he said.
Advertisement
Mr Siddaramaiah assured members that the government would address problems faced by coconut, sugarcane and groundnut growers.
Advertisement
Opposition BJP members led by its leader Jagadish Shettar staged a walkout unsatisfied by the reply.
Advertisement
Mr Siddaramaiah had sought a vote-on-account for four months commencing from April 1, 2014.
Advertisement
COMMENTS
Advertisement
Karnataka Halts Transactions With SBI, PNB Amid Funds Misuse Allegations Karnataka School Teacher Tries To Rape 11-Year-Old Student In Class, Arrested "Neither Tired Nor Retired": Bhupinder Hooda On Next Haryana Chief Minister Mob Vandalised Kolkata Doctor Rape Murder Case Crime Scene? Cops Respond 2 French Rafale Jets Collide Mid-Air, Instructor, Pilot Missing Mahindra Thar Roxx's Bookings Start From Oct 3, Deliveries By Dussehra NEET PG 2024 Results To Be Out Soon, Check Details Indian Gaming Products Should Make Mark Worldwide: PM Modi Ayatollah Khamenei Warns Of "Divine Wrath" If Iran Backs Down Against Israel Track Latest News Live on NDTV.com and get news updates from India and around the world.