No plan to sell government land as part of asset monetization: Karnataka CM Basavaraj Bommai | Bengaluru News – Times of India

Bengaluru: Chief Minister of Karnataka Basavaraj Bommai Said on Friday that his government will not sell assets of any public sector entity as part of the asset monetization plan outlined in the budget for 2022-23.
“We are not proposing to sell any property belonging to the state government, including land parcels ngef And Mysore Lamp Factory, The asset monetization plan is limited to revive road transport corporations and Eskom, which are facing financial crunch,” Bommai said during his reply to the general debate on the budget in the Legislative Council.
Chief Minister’s clarification came in response to the Leader of the Opposition BK HariprasadThere are concerns that the government may sell key assets belonging to public sector undertakings, including the NGEF and the Mysore Lamp Factory, which are under liquidation, as receipts are not up to the required level.
In explanation to BJP member N RavikumarThose who wanted to know how the government would implement the schemes announced in the budget, as many of them seem ambitious, Bommai said that his budget is realistic and plans to start implementation of the schemes announced from early April.
“I have already written to the concerned departments to be ready by March end to implement the schemes proposed in the budget and the process of implementation will start from April itself,” Bommai said.
Refuting the opposition’s allegations about the government’s failure to implement the proposals for the 2021-22 budget, the CM said that out of 352 schemes announced, 261 have been implemented and 87 are at various stages of implementation, while Four have been removed.
Responding to the demand of Janata Dal (Secular) members that the government should drop the National Pension Scheme (NPS) and return to the Old Pension Scheme (OPS) on the lines of Rajasthan and Chhattisgarh, Bommai said that his government Will study the model. other states and take a call..
Launched in 2003, NPS allows government employees to decide where they want to invest their money. This can be done by making regular contributions to the pension account throughout their career. After retirement, they can withdraw a part of the pension amount. In contrast, in OPS, both the government and the employees contributed an equal share to the pension fund and fixed 50 per cent of the last drawn salary as pension amount.
Bommai also assured setting up of a wage committee to look into the demand for raising the salaries of state government employees at par with the central pay scale and promised to waive off crop loans of farmers who defaulted on the JD(S) loan waiver scheme. did. Congress coalition government came into force in 2018-19.
Dissatisfied with the Chief Minister’s reply, members of the main opposition Congress staged a walkout.