Karnataka's economy on the path of recovery: CM Bommai

Kolar, Nov 23 (IANS): The economy of Karnataka is recovering after suffering setbacks during the Covid-induced crisis, Chief Minister Basavaraj Bommai said on Monday.

Speaking to the media persons after visiting rain-affected areas of Kolar district he said the GST collection has touched Rs 1,30,000 crore last month and it is expected to be around Rs 1,20,000 crore this month, he said.

"The economy of the country and the state suffered huge setback over the last two years due to Covid pandemic. Economy of the state in all sectors is showing good recovery after successfully managing the vaccination campaign," he said.

Targets have been set on tax collection and action is being taken to ensure better compliance.

The state is getting its share of GST collection every quarter, the Chief Minister said.

Replying to a question on providing houses for those who have been rendered homeless, Bommai said the Cabinet had cleared construction of 5 lakh houses.

The district administrations have been instructed to select the beneficiaries from each Gram Panchayat limits.

Crop loss compensation to be sent to farmers' A/Cs

Bommai on Monday said that officials have been directed to transfer the crop loss compensation amount to the affected farmers' accounts immediately.

Incessant rains have caused huge losses to the standing crops in the state. Starting from Narasapura, the Chief Minister toured the Kolar district extensively.

He said: "I have seen extensive damage to Ragi, vegetables, horticulture and floriculture crops. Flood water from Mudavadi irrigation tank has cut-off road connectivity in the area, About 790 houses have been completely or extensively damaged.

"Agri Crops in 48,333 hectares and horticulture crops in 6966 hectares have been affected, 189km length of roads and 34 bridges have been damaged according to preliminary reports," Bommai said.

The Chief Minister said that a sum of Rs 5 lakh would be paid as compensation against the completely damaged houses, and Rs 3 lakh for partially damaged houses, in three instalments.

The DCs had been instructed to disburse first instalment of Rs1 lakh immediately, Bommai said.

The state government has released Rs 500 crore for the repair of damaged roads and bridges. Schools and Anganwadis too had suffered damages and the repair work there would be taken up through the NDRF fund, he said.





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Comment on this article

  • Rajan, Mangalore

    Tue, Nov 23 2021

    BDA CORRUPTION .. all land related corruption Tenders .. roads ..pollution board chief appointment Controversy Vice chancellor appointment .. Water flooding .. .. Overall one can gauge state of affairs . Not Karnataka ‘s fault Alone .. National level ...... 2 wheeler and commercial vehicle Sales figures At 2012 level .... A decade behind We had vision 20x 20 As per former president Dr Kalam late .. (Perfect eyesight ) But economy collapse

    DisAgree Agree [1] Reply Report Abuse

  • Rajan, Mangalore

    Tue, Nov 23 2021

    20x20 good eyesight not necessarily perfect .. But now vision clouded ..

    DisAgree Agree [1] Reply Report Abuse

  • G R PRABHUJI, Mangalore

    Tue, Nov 23 2021

    I think our CM is in same sunday mood enjoying Watching Films, attending marriages, visiting Puneet's residence daily. He has completley forgotten the Floods situation in Karnataka. May be good dreams in the night about different path.

    DisAgree [1] Agree [2] Reply Report Abuse

  • Ronald D, Udupi

    Tue, Nov 23 2021

    Which economy and where it is recovering??? If you ask for one specific example.... Te te te....! Even he knows its time pass statement! Many thought new CM will do better. But supporting communal and moral policing ...!

    DisAgree [1] Agree [14] Reply Report Abuse

  • Amith, udupi

    Tue, Nov 23 2021

    this govt will not be hit by slippers becoz the GST on footwear will be increased to 18% from January 22nd ...

    DisAgree [2] Agree [13] Reply Report Abuse

  • Ravi, Mangalore

    Tue, Nov 23 2021

    stomach is smarter than the brain - because it reminds when empty -

    DisAgree [1] Agree [8] Reply Report Abuse

  • Daddy, Mangalore

    Tue, Nov 23 2021

    Supper Comment...

    DisAgree Agree [1] Reply Report Abuse

  • Cynthia, Dk

    Tue, Nov 23 2021

    Why god has given tongue and such a beautiful brain. These are not for politicians. There should have been a breaker from god...whenever a politician lie suddenly should stop functioning his brain and tongue still.......

    DisAgree [1] Agree [15] Reply Report Abuse

  • Manohar, Mangalore

    Tue, Nov 23 2021

    Probably, that's becoz people of the state sure that congress will come to power in the forthcoming elections.

    DisAgree Agree [15] Reply Report Abuse

  • R Bhandarkar, Mangaluru

    Tue, Nov 23 2021

    All Time pass General Statements. ANYONE CAN GIVE ! What Rs 500 crore compensation for flood damage?? The Farmers themselves have nithing to eat... What will they give others?? Go to spots... do Spot relief... Sitting somewhere giving statements... Nonsense. We know till now all making announcements in big figures ! Do they really reach farmers?? All your ministers, officials must BE ON SPOT ! Instead we read news of BDA corruption, Irrigation Corruption, Petcentage Commission during previous Regime and Now !! Shameless people you all have become now !! All are 1 to loot ! You are busy worried about MLC elections we know that !! All drama... we know all your combinations . SHAME ON ALL OF YOU ! Do works for which you were elected... All useless fellows...

    DisAgree [3] Agree [19] Reply Report Abuse

  • Gangaram, Moodbidri

    Tue, Nov 23 2021

    R Bhandarkar, Mangaluru, I liked your todays comment, as you are came out of BJP, Modi phobia!! and questioning those are in Power..... great change though!!

    DisAgree Agree [16] Reply Report Abuse

  • Anand Kumar, Mangalore Kudla

    Tue, Nov 23 2021

    Looks like somebody else is commenting here. Not our beloved Bandar Maam. If it is indeed you, CONGRATULATIONS on waking up!

    DisAgree Agree [14] Reply Report Abuse

  • Cynthia, Dk

    Tue, Nov 23 2021

    He is our same Bhandar sir. This session he has left writing in a poem style as well Shakespeare quotes. But, his usual mind blowing sentences like .....nonsense fellow.... useless guys....aaaa... baaa....all same like before 🤣🤣🤣🤣

    DisAgree [1] Agree [4] Reply Report Abuse

  • N.M, mangalore

    Tue, Nov 23 2021

    Karnataka's economy will be in a state of coma as long as bomma is around.

    DisAgree [1] Agree [15] Reply Report Abuse

  • Satish, Mangalore

    Tue, Nov 23 2021

    very Good to hear.

    DisAgree [18] Agree Reply Report Abuse

  • Sunil Pinto, dubai/udupi

    Tue, Nov 23 2021

    Just like the hair on his head, economy also on recovery...lol

    DisAgree Agree [19] Reply Report Abuse

  • real kujuma, kodial

    Tue, Nov 23 2021

    how much do you lie bommanna? i think you do not read the newspapers...so many people are killing themselves due to inflation and no employment...and you are playing different bansuri...jago CM jago..

    DisAgree [1] Agree [23] Reply Report Abuse

  • Aditya SK, Hejamady

    Tue, Nov 23 2021

    Economy is on the path of recovery, pessimists showing no signs of recovery .....

    DisAgree [13] Agree [1] Reply Report Abuse

  • Francis Lewis, Sasthan

    Tue, Nov 23 2021

    Number One liers as to make Money

    DisAgree Agree [15] Reply Report Abuse


    Tue, Nov 23 2021

    India's GDP is in coma...

    DisAgree Agree [21] Reply Report Abuse

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