The Siddaramaiah government has projected to spend around Rs 52,000 crore in the Congress five poll guarantees but even then it managed to retain the fiscal deficit at 2.6 per cent of the gross state domestic product (GSDP) for 2023-24, the same as was pegged by the previous Bommai government in the full budget for the current financial year.
The Congress government did this by raising excise duty on liquor, increasing the guidance value of properties, projecting more collections from the goods and services tax (GST) from the state component, cutting capital expenditure, and slashing revenue expenditure on heads o
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