GST will boost economy in mid, long term, says Siddaramaiah govt

DHNS
November 18, 2017

Belagavi Nov 18: The Siddaramaiah government on Friday allayed fears of a slowdown in economy due to recent structural reforms initiated by the Centre like Goods and Sevices Tax (GST). Instead, the government stressed that it will boost the economy in the medium and long term.

"Recent structural reforms are seen to have a slight impact on growth in the short run. However, they are expected to boost medium-to-long-term growth prospects," the government said in its report on Mid-Year Review of State Finance 2017-18 (April to September) tabled in the Legislative Assembly.

The government observed that teething troubles related to GST need to be addressed expeditiously, besides making concerted efforts to encourage investment by removing various bottlenecks. The report is prepared by the State Finance department, the portfolio held by Chief Minister Siddaramaiah.

Interestingly, the observation made in the report is in contradiction to the Congress' stand on the GST. AICC vice president Rahul Gandhi had described GST as Gabbar Singh Tax, as the party staged a nation-wide protest against it recently.

The state's revenue receipts have witnessed a healthy growth during the past six months. All major sources of own tax revenues Commercial Taxes, Excise, Motor Vehicle Taxes and Stamps and Registration -- have shown "reasonable achievement". "Collection under these sources are a notch higher than FY 2016-17 for the same period," the report stated.

The state has collected Rs 6,190 crores revenue during July and August after the implementation of Goods and Sevices Taxes (GST), including SGST of Rs 4,100 crores. The state should have collected Rs 6,640 crores at 14% growth rate. As per the Compensation Act, the Centre will compensate the difference in amount of Rs 450 crores to the state, the report added.

Increase IML sale: Panel

The Fiscal Management Review Committee (FMRC) headed by the Chief Secretary has asked the Excise department to take proactive measures to increase the sale of Indian Made Liquor (IML) in the state.

The panel, which has made certain recommendations to the government after reviewing the fiscal and debt position of the state, has observed that sale of IML has reduced in the state compared to neighbouring States.

Registration of motor vehicles too has dipped in the past few years, the panel stated and asked the Transport department to rationalise the tax structure and resolve issues related to lifetime tax in order to improve the registration.

The committee has cautioned the government on the ballooning expenditure commitments – mainly on account of crop loan waiver, and advised it to take necessary measures to increase its revenue.

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coastaldigest.com news network
December 2,2025

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Udupi, Dec 2: A wave of regional pride is sweeping through Udupi district as Shagun S Verma Hegde, a talented Class 9 student from Christ King English Medium High School, Karkala, has been named the captain of the Indian National Team for the Under-15 Girls’ Volleyball Championship.

Shagun holds the unique distinction of being the sole player from Karnataka selected to represent the country in the prestigious international tournament. The championship, organized by the School Games Federation, is scheduled to take place in Shangluo, China, from December 3 to 13, where Shagun will lead the national squad.

A Remarkable Journey to the Top

Shagun’s selection is a testament to her dedication and exceptional skill on the court. Her journey included several rigorous rounds of selection:

•    She was the only player from Udupi district to qualify for the state-level selection camp.

•    Out of eight players from Karnataka who advanced to the national selection camp in Pune, Maharashtra, Shagun was the only one to secure a place in the final national squad.

•    The national camp saw participation from approximately 200 players, which was shortlisted to 23. Shagun not only made the final cut but was also ranked as the second-best player overall, solidifying her leadership role.

Shagun, who is the daughter of Sandesh Verma and Shruthiraj of Kallotte, Karkala, has trained under experienced coaches Santosh D’Souza, Jeevan D’Silva, Jairaj Poojary, and Ramesh. Her selection as the team captain has brought profound honour to her family, school, the Udupi district, and the entire state of Karnataka.

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News Network
December 3,2025

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Mangaluru, Dec 3: A group of Congress workers gathered at the Mangaluru International Airport on Wednesday to welcome AICC general secretary K C Venugopal, but the reception quickly turned into a display of support for Deputy Chief Minister D K Shivakumar.

Venugopal arrived in the city to participate in the centenary commemoration of the historic dialogue between Mahatma Gandhi and Narayana Guru. The event, organised by the Sivagiri Mutt, Varkala, in association with the Mangalore University Sri Narayana Guru Study Chair, is being held on the university’s Konaje campus.

KPCC general secretary Mithun Rai and several party workers had assembled at the airport to receive Venugopal. However, the moment he stepped out, workers began raising slogans backing Shivakumar.

The university programme will be inaugurated by Chief Minister Siddaramaiah.

This show of support comes just a day after Siddaramaiah remarked that Shivakumar would lead the government “when the high command decides.” The chief minister made the comment after a breakfast meeting at Shivakumar’s residence—another public display of camaraderie between the two leaders amid ongoing attempts by the party high command to downplay their leadership rivalry.

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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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