Comprehensive development of the state and welfare of all sections of the society is the coalition government’s primary goal.The development programmes and welfare schemes announced in the Budget amply demonstrate these goals.
Welfare of the scheduled castes, backward classes, minorities, women, youth as well as the farmers and the agriculture labourers is given major thrust in the budget.
Karnataka is in No.1 position in the entire country in Finance Management and resource mobilization effort.
The state’s finances have been managed without resorting to any overdrafts.
The Central Planning Commission has lauded the prudent financial management by the Dy.Chief Minister.
No New Taxes
No new taxes have been imposed in the budget for the year 2006-07.Tax rates have also not been increased.Instead, efforts are made to widen the tax net by bringing the unregistered businesses under the tax net to enhance resource mobilization.
Rejuvenation of minor irrigation sources is given major trust.
Rs. 672 crore has been allocated for Minor Irrigation works during 2006-07.