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Karnataka: Karnataka budget 2017: Siddaramaiah announces sops for Dakshina Kannada, Udupi by Jaideep Shenoy March 16,2017   |  Source: The Times of India

The penultimate full budget that CM Siddaramaiah presented on Wednesday presented its fair share of goodies to the coastal districts of Dakshina Kannada and Udupi. The only sore point in the budget was a reiteration of government's commitment to completing the Yettinahole project and lifting of water from the same. The project has been the bone of contention with the Greens in the district vehemently opposed to the same. The major benefits accruing to the fisheries sector is the extension of jetty up to 75m in Malpe and Mangaluru fishing harbours for safe landing of boats for which Rs 5 crore has been set aside. The government will provide subsidy of 75% to 20 Fishermen Cooperative Societies for construction of 500 sq feet fish collection and marketing building on their own sites at a unit cost of Rs 10 lakh, Siddaramaiah, who also holds the finance portfolio said.

The government has increased the electricity subsidy to Rs 1.75 per unit and to Rs 3.50 lakh per plant/annum for 200 ice-plants and 35 cold storages in 3 coastal districts by setting aside Rs 6 crore for the purpose. Ice is a major component in the fisheries industries and fishermen have been demanding ice at subsidized rates. The government will cover 3,000 beneficiaries under "Matsashraya Scheme"; and implement

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