{"id":5652,"date":"2024-06-14T02:09:50","date_gmt":"2024-06-14T02:09:50","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=5652"},"modified":"2024-06-14T02:09:50","modified_gmt":"2024-06-14T02:09:50","slug":"karnataka-cm-basavaraj-bommais-maiden-budget-looks-to-double-gsdp-by-2025","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-cm-basavaraj-bommais-maiden-budget-looks-to-double-gsdp-by-2025\/","title":{"rendered":"Karnataka CM Basavaraj Bommais maiden budget looks to double GSDP by 2025"},"content":{"rendered":"<p>Chief minister Basavaraj<u>Bommai<\/u>has set an ambitious target of doubling the states<u>GSDP<\/u>(gross state domestic product) from the present Rs 17 lakh crore to Rs 34 lakh crore by 2025. He is likely to propose new policies to that effect in his maiden budget to be presented in March.<\/p>\n<p>Experts, while seeing the potential in the states <a href=\"https:\/\/exam.pscnotes.com\/economy\">economy<\/a>, have warned the government that the target cannot be achieved unless the chief minister brings much-needed reforms in terms of revenue mobilisation, <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a>-oriented policies and plugging loopholes in the administration.<\/p>\n<p>Prasad said the government is looking at policies to improve the contribution of all three sectors  <a href=\"https:\/\/exam.pscnotes.com\/services\">Services<\/a>, manufacturing and <a href=\"https:\/\/exam.pscnotes.com\/<a href=\"https:\/\/exam.pscnotes.com\/agriculture\">Agriculture<\/a>-notes-for-state-psc-exams&#8221;>Agriculture<\/a>  to the GSDP. <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> The focus is on the service sector and plans are afoot to ensure its contribution is enhanced from 54% to 66% in three years, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chief minister BasavarajBommaihas set an ambitious target of doubling the statesGSDP(gross state domestic product) from the present Rs 17 lakh crore to Rs 34 lakh crore by 2025. He is likely to propose new policies to that effect in his maiden budget to be presented in March. Experts, while seeing the potential in the states &#8230; <a title=\"Karnataka CM Basavaraj Bommais maiden budget looks to double GSDP by 2025\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/karnataka-cm-basavaraj-bommais-maiden-budget-looks-to-double-gsdp-by-2025\/\">Read more <span class=\"screen-reader-text\">Karnataka CM Basavaraj Bommais maiden budget looks to double GSDP by 2025<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1098],"tags":[649],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Karnataka CM Basavaraj Bommais maiden budget looks to double GSDP by 2025 - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/karnataka-cm-basavaraj-bommais-maiden-budget-looks-to-double-gsdp-by-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karnataka CM Basavaraj Bommais maiden budget looks to double GSDP by 2025\" \/>\n<meta property=\"og:description\" content=\"Chief minister BasavarajBommaihas set an ambitious target of doubling the statesGSDP(gross state domestic product) from the present Rs 17 lakh crore to Rs 34 lakh crore by 2025. 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He is likely to propose new policies to that effect in his maiden budget to be presented in March. Experts, while seeing the potential in the states ... 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