CM Kumaraswamy cries foul over budget cut in GST share


Bengaluru, Jul 5 (IANS): Chief minister H D Kumaraswamy on Friday cried foul over the Union Budget's proposal to cut the state's share of Goods and Services Tax (GST) in fiscal 2019-20.

"The Budget has given a big blow to the state's economy, reducing its share of the GST by Rs 1,600 crore for this fiscal," tweeted Kumaraswamy in Kannada and English.

In a series of tweets from the US where he is on a week-long private visit since June 29, the chief minister said the additional special duty of Re 1 and a road and infrastructure cess of Re 1 per litre on petrol and diesel would limit the state's scope to increase its own value added tax (VAT) on the transport fuels.

"Fuel price hike by the Central government hits everyone directly and indirectly," said Kumaraswamy in another tweet.

Expressing his disappointment over the Union Budget, the chief minister said he expected more from Union Finance Minister Nirmala Sitharaman on sectoral allocations to the southern state.

"Sitharaman, who represents Karnataka in the Rajya Sabha as a BJP member, has disappointed me, as she did not announce any new project or financial aid to the state, especially the Bengaluru suburban train service for this year," he lamented.

Noting that a budget was a not a mere statement of intent in the Indian context, Kumaraswamy said though a budget speech was the most important medium for communicating with the poor, Sitharaman's speech had certain intents, but nothing beyond them.

"Had great expectations from the maiden budget of FM @Sitaraman, but disappointed. Though creation of FPOs (Farmer Producer Organisations) and strengthening of e-NAM (electronic National Agriculture Market) and promoting traditional industries are welcome moves, more morale boosting programmes were desirable for the farming sector," he said in a tweet.

Kumaraswamy, who also holds the finance portfolio, had presented his second state budget for fiscal 2019-20 on February 8, 2019.

 

  

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Comment on this article

  • mohammed, mangalore

    Sat, Jul 06 2019

    Kumaranna always seem to be crying.
    why doesnt he reduce state duties on petrol?
    Instead he is crying that he cannot increase from his side...

    DisAgree Agree [2] Reply Report Abuse

  • Vijay Benedict, Mangalore

    Sat, Jul 06 2019

    If possible HDK should reduce the price by 1Rupee per liter. Reason being Ktaka is paying Rs 3 more compared to other states after the hike by State Govt last last year. So if HDK reducted 1Rs he will be in the good books of the Kannadigas as Ktaka will not feel the pinch from Central Govt. Brownie points for JDS but bad news for Congress.

    DisAgree Agree [1] Reply Report Abuse

  • MA, Mangalore

    Sat, Jul 06 2019

    Drama master did not have any.problem when he increased the taxes on fuel and electricity

    DisAgree Agree [9] Reply Report Abuse

  • Jagdeep, Basrur

    Sat, Jul 06 2019

    Why kumaranna is to cry...as only few days left for govt to fall. Did you cried when you snatch from the hands of meritous student like yeddy.

    DisAgree [4] Agree [9] Reply Report Abuse

  • RkR, Mangalore/ Dubai

    Fri, Jul 05 2019

    Budget was tabled for BJP voters

    You have no right to talk about it

    DisAgree [1] Agree [10] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Jul 05 2019

    Andher Nagri Chopat Raja ...

    DisAgree [15] Agree [12] Reply Report Abuse

  • SURESH.HEGDE, Dubai

    Sat, Jul 06 2019

    Rahul and Kumarswamy Chopat Raja...

    DisAgree [4] Agree [9] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, Jul 06 2019

    SURESH.HEGDE, Dubai
    Headless Budget ...

    DisAgree [8] Agree [3] Reply Report Abuse

  • Prashant Karkera, Hejamady/Mumbai

    Sat, Jul 06 2019

    Appreciation is not expected from you, born with negativity, those do not understand economics, should restrict themselves from passing comments on budget and monetary issues ....

    DisAgree Agree [7] Reply Report Abuse

  • Sanjeev Kamath, Udupi / Seattle

    Sat, Jul 06 2019

    You said it, Prashant!! The omnipresent wise man has this sole day long hobby!!

    DisAgree Agree [1] Reply Report Abuse

  • Krishna, Udupi

    Sat, Jul 06 2019

    yes here BJP got 105 seat, but congress made Kumara SHAMY as raja, as they think people are Blind.........

    DisAgree Agree Reply Report Abuse


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Title: CM Kumaraswamy cries foul over budget cut in GST share



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