- Statement of Fiscal Policy as required under Karnataka Fiscal Responsibility Act, 2002
- (Feb 2024, Kerala Finance Dept)
- Projected 2023-24 growth rate for Karnataka – 10.2% at current prices.
- Services sector growth rate for 2022-23 – 12.8%.
- Industrial sector growth rate for 2022-23 – 7.1%.
- Agriculture sector growth rate for 2022-23 – 5.6%.
- 3rd richest among Indian states – after Maharashtra and Tamil Nadu.
- 2023-23 average inflation – 5.48%.
- SOTR – Karnataka saw commercial tax collection growth up by 16%.
- SOTR – 23% year-on-year growth is State GST collection.
- SOTR – State Excise and Stamps collection – 13% up over 2021-22.
- SOTR – collection through Registration – up by 26% over 2021-22.
- SORT – 2022-23 non-tax revenue – 18% year-on-year growth.
(GOK Data)