 Online edition of India's National Newspaper Friday, Feb 25, 2011 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
| Karnataka |
|
|
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Retail Plus | Classifieds | Jobs | Obituary |
Karnataka
-
Bangalore
‘Farm sector has the potential to generate more jobs and high income in rural areas' ‘Budget has maintained revenue surplus to overcome impact of economic slowdown' Bangalore: Chief Minister B.S. Yeddyurappa has said that State Budget for 2011-12 will herald a new era of emancipation of all sections of society, including the downtrodden, facilitating social justice through proper utilisation of all the natural and human resources while preserving and promoting the land and water resources. Addressing presspersons after presentation of the budget in the Legislative Assembly on Thursday, Mr. Yeddyurappa said: “My first and foremost priority has been strengthening of the farm sector and the well-being of the farmer. Taking a step forward, this time I have presented a separate budget for agriculture.” He said: “I am aware of the debate going on about the need for a separate agriculture budget. I understand that there is no constitutional bar on presenting a separate budget for agriculture sector. In addition to this, the States have a major role to play than the Centre in the development of agriculture sector.” Aware of difficulties Stating that he was not an economics expert, Mr. Yeddyurappa said he was aware of the difficulties faced by farmers in rural areas. “Based on my experience, I have attempted to take a bold step in order to strengthen the farm sector”. “The separate agriculture budget” is a innovative step. It has emerged out of experience and required for over all development of agriculture sector.” The farm sector has the potential to generate more jobs and high income in the rural areas. Effective implementation of schemes would help to prevent migration of rural people in search of jobs to the urban areas. “In the interest of food security of the nation, I sincerely hope that Karnataka agriculture budget will become a model to the Centre and all other States,” he said. The budget outlay for 2011-12 has been increased to Rs. 85,319 crore against Rs. 70,063 crore in 2010-11. Terming the budget as “an ambitious one aimed at long term growth simultaneously catalysing the speed of development,” he said the budget has maintained revenue surplus to overcome the impact of economic slowdown while restricting the fiscal deficit within the limit fixed by the Centre. Plan outlay The plan outlay for 2011-12 has been fixed at Rs. 38,070 crore, an increase of 23 per cent as compared to the previous year. Effective measures have been taken to restrict non-plan expenditure. A sum of Rs. 2,975 crore has been allocated towards redressal of Regional Imbalance in the State, he said. Minister for Agriculture Umesh Katti, and other Ministers and officials were present.
Printer friendly
page
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Ergo | Home |
Copyright © 2011, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|