Economy on the path of recovery after the slump during Covid: CM Bommai

Thomas (Special correspondent) 

Economy of the state is recovering after suffering setback during the Covid pandemic,Chief Minister Basavaraj Bommai said.

Speaking to media persons after visiting rain affected areas of Kolar district he said, “economy of the country and the state suffered huge setback over the last 2 years due to Covid pandemic.

Economy of the state in all sectors is showing good recovery after successfully managing the vaccination campaign.”

GST collection had touched Rs.1,30,000 crore last month and it is expected to be around Rs.1,20,000 crore this month.

Targets have been set on tax collection and action is being taken to ensure better compliance. State is getting its share of GST collection every quarter, the Chief Minister said.

Progress of Housing Projects

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

Respective district administration had been instructed to select the beneficiaries from each Gram Panchayat limits. Of these 4 lakh houses would be in rural areas and 1 lakh in urban areas.