1.Karnataka Claims Second Spot in National Innovation Rankings
Context:
- As of the end of June this year, India has seen significant growth in its startup ecosystem, with a total of 40 lakh (140,000)
- Startups officially recognized by the Department of Industry and Internal Trade Promotion (DPIIT).
- Maharashtra has emerged as the leading state in terms of the number of recognized startups and innovators.
- Karnataka, however, is not far behind. The state has achieved a commendable second position in the national innovation rankings.
Innovation Boost in 2024:
- Central Government’s Startup Action Plan Yields ₹805 Crore Investment in 96 Startups by June 2024
- Government Initiative Fuels ₹271 Crore in Startup Loans in 2023, ₹2,154 Crore Disbursed by June
- Startups Benefit from ₹805 Crore Investment and ₹271 Crore Loan Support in 2024
- Alternative Investment Fund Supports ₹3,366 Crore in Startup Investments by 2023
2.Pashu Sanjeevini (Mobile Animal Surgery Vehicle)
Context:
- In the state, emergency medical services are facing significant challenges due to a shortage of vehicles and staff
- Which sees around 50,000 calls per month,
- The lack of adequate ambulances and emergency personnel is hampering the ability to respond promptly to medical emergencies
what is pashu sanjeevani scheme:
- Which is the mobile veterinary clinic service offered at the doorstep of livestock owners, launched by the State government headed by the B S Yadiyurappa in August 2020
3.Revenue increase in Karnataka after covid
Context:
- In the fiscal year 2022-23, following the challenges posed by the COVID-19 pandemic, Karnataka experienced notable economic recovery.
- The state’s internal product rate (Gross State Domestic Product, or GSDP) and revenue receipts both increased by 11.13% compared to the previous year
Economic Growth:
- Gross Domestic Product (GDP): Increased from ₹14.79 lakh crore in 2018-19 to ₹21.81 lakh crore in 2022-23.
- Growth Rate:52% over 5 years and 11.13% for the year 2021-22.
Revenue Receipts:
- Amount in 2022-23: ₹2.29 lakh crore
- Increase:19% over the previous year
- Revenue Receipts Growth Rate:50% improvement in 2022-23 over 2021-22.
Expenditure:
- Total State Expenditure: Increased from ₹2.61 lakh crore in 2021-22 to ₹2.76 lakh crore in 2022-23, marking a 5.61% increase.
- Capital Expenditure: Increased by 5.61% in 2022-23.
Fiscal Deficit:
- Reduction: Fiscal deficit decreased from ₹66,036 crore to ₹46,623 crore.
Tax Revenue:
- Amount in 2022-23: ₹1.78 lakh crore
- Increase:76% from the previous year
- Annual Growth: Expected increase of 10% in tax revenue over the previous year.
4.Karnataka Appoints Shalini Rajneesh as New Chief Secretary
Chief Secretaries:
Appointment:
- The Chief Secretary is‘chosen’ by the Chief Minister.
- As the appointment of Chief Secretary is an executive action of the Chief Minister, it is taken in the name of the Governor of the State.
Position:
- The post of Chief Secretary is thesenior-most position in the civil services of the states and union territories of India.
- The position is a cadre post for theIndian Administrative Services.
- The Chief Secretary is the chief advisor to the Chief Ministerin all matters of the cabinet.
Tenure:
- The office of Chief Secretary has been excluded from the operation of the tenure system.
- There is no fixed tenurefor this post.
- Article No. 163 and 164 , Constitution of India
Ans: Neither 1 and 2 (Asked UPSC 2016 paper 1)
5.Karnataka benefits from Budget 2024
Context:
- Karnataka has been allocated Rs 45,485.80 crore as tax devolution and Rs 15,299.7 crore as grant-in- aid in the 2024-25 budget.
- From 2014, when Modi came to power for the first time, and 2024, Rs 2,95,818 was budgeted as tax devolution and Rs 2,36,955 as grant-in-aid for the state, Nirmala sitsraman said.
- In comparison, it was Rs 81,791 crore and Rs 60,779 crore, respectively under the UPA rule, she said.
Karnataka benefits from Budget scheme:
- Under the scheme, Rs 305 core was allocated in 2020-21, Rs 452 crore in 2021-22, Rs 3,399 crore in 2022-23, Rs 3,879 crore in 2023-24 and Rs 2,006 crore in 2024-25.
- By the end of this financial year, the state would have received Rs 10,041 crore in total,
- Under the Railways, Rs 7,559 crore was allocated in this budget, while it was a mere Rs 835 crore annually between 2009 and 2014.
- The announcements in the budget, including schemes for the youth, MSMEs, agriculture R&D and Rs 1,000 crore venture capital for space vertical, will also benefit Bengaluru and Karnataka,
6.International Tiger day
