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Wednesday, March 21, 2012

Pay Hike for Karnataka State Employees Latest News - Karnataka accepts pay commission proposals


Karnataka accepts pay commission proposals, D.A to be merged alongwith 22.5% increase.
Recommendations of the official pay committee for government employees would be given effect from April 1, Gowda said, adding that the existing dearness allowances and installment due as on January 1 this year would be merged in the basic pay and pension along with 22.5 per cent increase.
"The total additional outgo on account of the pay and pension revision is estimated to be Rs 4,450 crore on a full year basis", said Gowda, who also holds the Finance portfolio, as he the sought approval for vote on account for the expenditure during the period up to July 31 this year.

Other Highlights
- Government high school children to get computers  
- Rs 50 crore for rejuvenation of lakes  
- Rs 200 crores for solid waste disposal unit in Bangalore  
- Rs 5,500 crores for Bangalore infrastructure development
- Rs 200 crore for road work in Bangalore  
- Rs 500 crores for metro rail  
- BBMP and BWSSB to get Rs 1,000 crore each  
- Rs 426 crores for BBMP signal-free corridors 
- Bangalore in budget: 8 transport complexes to come up
- Ready-made garments cheaper   
- Duty on diesel reduced
- Tax on jewellers reduced
- Rs 10,500 allotted for irrigation; Rs 2,921 for agriculture; Rs 301 crore to tackle drought; Rs 1,000 allotted crore to procure fertiliser
- Agriculture, fishery, animal husbandry are priority areas
- Farmers to get loans to minimal interest rates
- 50% rebate on farm equipments
- 20% drop in rainfall despite early monsoons
- Cigarettes, tobacco, beer to cost more Ready-made garments cheaper
- Budget allocation: Sericulture - Rs 293 crores; Rs 200 crores - Organic farming Women and child development - Rs 2,883 crores; housing - Rs 1,439 crores; - Education - Rs 15,071 crs Public works - Rs 5,110 crores; Water resources - Rs 8,101 crores; health and family - Rs 4,260 crores; Animal husbandry - Rs 1,206 crores; Home and transport - Rs 4,288 crores; Rural development and panchayats - Rs 6,896 crores

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