Karnataka Budget 2021-22 will focus on development, women: CM

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March 1, 2021

K'taka budget to focus on development, women: CM - Social News XYZ

Bengaluru, Mar 1: Putting behind the travails of the Covid-19 pandemic that disrupted normal life for nearly a year, Karnataka budget for fiscal 2021-22 would focus more on development works and women's welfare, said state Chief Minister B S Yediyurappa on Sunday.

"The state budget for the ensuing fiscal will give priority to development works and women's welfare. This is my assurance to all women in the state," said Yediyurappa in Kannada at a public event at Soraba in Karnataka's Shivamogga district.

The month-long budget session of the state legislature will begin on March 4 and Yediyurappa, who holds the finance portfolio, will present his 8th budget on March 8 in the legislative assembly.

The year-long pandemic, which invaded the southern state on March 8, 2020, stalled most of the development works though allocations were made in the budget for fiscal 2020-21 but could not be spent due to Covid-induced lockdown and restrictions to prevent the virus spread.

"Besides coronavirus, heavy rains and floods during the extended southwest monsoon in August-October have also reduced tax collections and revenue mobilisation, as the economy was unlocked gradually and the new normal set in to check the pandemic," recalled Yediyuarappa on the occasion.

The BJP-ruled state government resorted to borrowings and raised loans to augment resources for the development works since November as more funds were used in fighting the Covid war over the last 10 months.

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News Network
January 31,2026

Roy.jpg

Bengaluru: The shooting incident involving CJ Roy, founder of the Confident Group, has once again put the spotlight on a businessman whose life has swung between flamboyant global success and persistent controversy at home.

Though Roy’s business interests extended across continents, his roots lay firmly in Karnataka. An alumnus of Christ School in Bengaluru, he later moved to Tumakuru to pursue an engineering degree. Those familiar with his early years describe him as intensely ambitious, beginning his career as a salesman at a small electronics firm dealing in computers.

Roy’s entry into large-scale real estate came through the Crystal Group, where he worked closely with Latha Namboothiri and rose from manager to director. However, the launch of the Confident Group in 2005 was clouded by industry speculation. Insiders speak of a fallout involving alleged “benami” properties and claims of deception that ultimately led to his independent venture—an episode Roy spent years trying to distance himself from, according to associates.

A tale of two cities

Roy’s professional trajectory diverged sharply across geographies.

In Dubai, he built a reputation as a bold and efficient developer, completing massive luxury residential projects in record time—some reportedly within 11 months. His rapid project delivery and lavish lifestyle in the Emirates earned him admiration and visibility in the real estate sector.

In Bengaluru, however, his image remained far more fractured. Sources say Roy stayed away from the city for several years amid disputes over unpaid dues to vendors and suppliers. Several projects were allegedly stalled, with accusations of unfulfilled commitments to cement and steel suppliers continuing to follow him.

Roy’s return to Bengaluru’s business and social circles began around 2018, marked by a conscious attempt at rebranding. His appointment as Honorary Consul of the Slovak Republic added diplomatic legitimacy, which he complemented with visible CSR initiatives, including ambulance donations and high-profile charity events.

Heavy police presence in Langford Town

Following the incident, police personnel from the Central division were deployed outside the Confident Group building in Langford Town, which also houses the Slovak Honorary Consulate in Bengaluru.

The otherwise busy premises near Hosur Road wore a deserted look on Friday, reflecting the shock and uncertainty that followed the tragedy.

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