K’taka’s economy on the path of recovery: CM Bommai

Kolar (Karnataka), Nov 22 (SocialNews.XYZ) The economy of Karnataka is recovering after suffering setbacks during the Covid-induced crisis, Chief Minister Basavaraj Bommai said on Monday.

Speaking to the media persons after visiting rain-affected areas of Kolar district he said the GST collection has touched Rs 1,30,000 crore last month and it is expected to be around Rs 1,20,000 crore this month, he said.

"The economy of the country and the state suffered huge setback over the last two years due to Covid pandemic. Economy of the state in all sectors is showing good recovery after successfully managing the vaccination campaign," he said.

Targets have been set on tax collection and action is being taken to ensure better compliance.

The state is getting its share of GST collection every quarter, the Chief Minister said.

Replying to a question on providing houses for those who have been rendered homeless, Bommai said the Cabinet had cleared construction of 5 lakh houses.

The district administrations have been instructed to select the beneficiaries from each Gram Panchayat limits.

Source: IANS

Facebook Comments

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

Share

This website uses cookies.

%%footer%%