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Siddaramaiah presents Rs 4 lakh crore Karnataka budget, defends guarantee schemes

Summary by NEWS9 LIVE
Bengaluru: Karnataka Chief Minister Siddaramaiah, presenting his record sixteenth budget on Friday, strongly defended the government’s five guarantee schemes and targeted the union government for the state’s fiscal challenges. He also tried to emphasise that the budget was “development-oriented”. The total expenditure for the 2025-26 budget is estimated to be Rs 4,09,549 crore. It includes revenue expenditure of Rs 3,11,739 crore, capital expend…
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Bengaluru: Karnataka Chief Minister Siddaramaiah presented the state budget for the financial year 2025-26 in the Assembly. In which a provision of Rs 51,034 crore has been made for the implementation of various guarantee schemes in the current financial year. Chief Minister Siddaramaiah said that the government has managed these schemes with fiscal discipline by adhering to the norms of 3 per cent fiscal deficit of GSDP and 25 per cent debt-to-…

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Goa Chronicle broke the news on Friday, March 7, 2025.
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