Union finance minister Nirmala Sitharaman on Wednesday said the centre will provide ₹5,300 crore assistance to the drought-prone regions of Karnataka for irrigation purposes. Sitharaman was speaking in Parliament while presenting the union budget for the fiscal year 2023-24. This is the last full-year budget before the 2024 Lok Sabha election.
The ₹5,300 crore assistance to the poll-bound southern state was part of the centre’s second priority: ‘reaching the last mile’. “The centre will provide ₹5,300 crore assistance to drought-prone central region of Karnataka,” announced Sitharaman.
Karnataka is set to go into assembly elections in April – May this year.
ALSO READ | Sitharaman outlines 7 priorities of Budget 2023, calls them ‘Saptrishi’
The finance minister is expected to tweak income-tax slabs to provide relief to the middle class, apart from which, the top priorities in the budget would be: inclusive development, infrastructure and investment, “unleashing the potential”, green growth, youth power and financial sector.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest For News Update Click Here
