Bangalore: Karnataka Chief Minister B S
Yeddyurappa on Saturday said he would present the 2011-12 budget
during the third week of February.
An announcement reducing the interest rate from the
existing three per cent to one per cent on agricultural loans
was expected to be made in the budget, he said at a function
Yeddyurappa, who also looks after the Finance department,
said he had been holding budget preparatory meetings with
various departments and organisations already.
The budget which would be presented would be a "unique"
one, he said, but did not offer details.
The chief minister has decided to advance the
presentation of the budget at least by a month, which is
normally done during March.
Yeddyurappa, who has been facing heat from opposition
parties particularly in the aftermath of Governor H R Bhardwaj
according sanction to prosecute him over allegations of
corruption in land scams, has however not attributed reasons
for opting for an early budget presentation.
He promised Rs five crore grant for construction of
Basava Bhavan in Sirigere and Rs 1 crore for a school to be
built at Pandomatti.