CM Bommai has announced an increased allocation in welfare schemes for the socially and economically weaker sections. Also, the chief minister has announced Rs 1000 crore for the Mekedatu water project that will greatly help Bengaluru city.
Government sets GST collection targets of Rs 76,743 for 2021-22 fiscal
Revenue collection target for Commercial Taxes Department for 2022-23 fixed at Rs 77,010 crore.
Total receipts projected at Rs 2.61 lakh crore
Total expenditure Rs 2.65 lakh crore
Revenue Deficit is estimated at Rs 14,699 cr and fiscal deficit at Rs 61,564 crore, which is 3.26% of GSDP.
Total liabilities at the end of 2022-23 estimated at Rs 5.18 lakh cr, which is 27.49% of GSDP.
Rs 29,000 crore target for Excise Department and Rs 8,007 crore for Transport Department
Revenue collection target of Rs 15,000 crore for Stamps and Registration Department for 2022-23 fiscal