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The New Indian Express Hubballi
|February 02, 2025
BJP termed the Union Budget growth-oriented with a fine balance between economic and social sectors. The Union Government announced an interest-free loan of Rs 1.5 lakh crore for states for 50 years, from which Karnataka is likely to receive Rs 7,000 to Rs 8,000 crore, said former CM and BJP MP Basavaraj Bommai.
BJP termed the Union Budget growth-oriented with a fine balance between economic and social sectors. The Union Government announced an interest-free loan of Rs 1.5 lakh crore for states for 50 years, from which Karnataka is likely to receive Rs 7,000 to Rs 8,000 crore, said former CM and BJP MP Basavaraj Bommai. "This is a development-oriented budget, and by 2025-26, GDP growth is expected to reach 7-8%. Taxation has been significantly simplified, including customs reforms. Special emphasis has been given to cancer treatment, electronics, medical sciences, and emerging technologies, making this a highly progressive budget," Bommai said.
This story is from the February 02, 2025 edition of The New Indian Express Hubballi.
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