Bommai: Economy on recovery path after slump during Covid

Kolar, Nov 22 (UNI) Karnataka Chief Minister Basavaraj Bommai on Monday said the state’s economy is on a recovery path after the slump during the COVID pandemic.
“Economy of the country and the state suffered huge setbacks over the last 2 years due to the COVID pandemic. Economy of the state in all sectors is showing good recovery after successfully managing the vaccination campaign,” he told reporters here after visiting the rain-affected areas of Kolar district.
GST collection touched Rs 1.30 lakh crore last month and is expected to be around Rs 1.20 lakh crore this month, Bommai said.
“Targets have been set on tax collection and action is being taken to ensure better compliance. The state is getting its share of GST collection every quarter,” he added.
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, and of these 4 lakh houses are in rural areas and 1 lakh in urban areas, he said.