Updated Report
Daijiworld Media Network - Bengaluru
Bengaluru, Mar 7: Chief Minister Siddaramaiah presented his 16th Budget on March 7, announcing a total outlay of Rs 4 lac crore, marking an increase from last year’s Rs 3.71 lac crore. The budget prioritizes social welfare, infrastructure, agriculture, and employment generation while addressing regional disparities.
A total of Rs 51,034 crore has been earmarked for the state's guarantee schemes, ensuring continued financial support for various social welfare initiatives. The newly announced "chief minister's infrastructure development programme" will receive Rs 8,000 crore for improving roads, minor irrigation projects, and basic infrastructure in all assembly constituencies.
To boost the agriculture sector, Rs 428 crore has been set aside to provide subsidies to 50,000 farmers under the agricultural mechanization programme. A sum of Rs 440 crore has been allocated for micro-irrigation schemes, benefiting 1.81 lac farmers. Measures to control arecanut leaf spot disease will receive Rs 62 crore, while Rs 95 crore has been earmarked for the second-phase development of the horticulture sector. The sericulture sector has been allocated Rs 55 crore, and a silk cocoon market will be established in Mysuru with NABARD’s assistance.
In the primary education sector, the government will establish 500 new Karnataka Public Schools at a cost of Rs 2,500 crore. The honorarium for guest teachers in government primary and high schools, as well as guest lecturers in government pre-university colleges, will be increased by Rs 2,000. The monthly honorarium for mid-day meal staff will be raised by Rs 1,000. Infrastructure development in government schools and pre-university colleges, including construction and repair of classrooms and toilets, has been allocated Rs 725 crore.
The budget has allocated Rs 28,608 crore for the Gruha Lakshmi scheme, providing financial assistance to women. The honorarium for Anganwadi workers will be increased by Rs 1,000, while assistants will receive an additional Rs 750. Women’s welfare programmes have been allotted Rs 94,084 crore, and child welfare initiatives will receive Rs 62,033 crore.
Allocations for Dakshina Kannada and Udupi
Healthcare and education
A new medical college will be established in Puttur, with an upgrade of the existing 100-bed taluk hospital. Wenlock Hospital in Mangaluru will undergo renovation to enhance infrastructure and medical services. In the education sector, a pre-university college with residential facilities for minority girl students will be set up in Ullal.
Fisheries sector
The government has relaxed restrictions on the length of deep-sea fishing boats to promote the industry. Fisheries College in Mangaluru will double its student intake. A sum of Rs 30 crore has been allocated for fisheries link roads in the coastal districts, with NABARD’s support. Fish vendors from Scheduled Castes and Scheduled Tribes will receive a 50 percent subsidy of up to Rs 3 lac to purchase four-wheelers. Motorized boats older than 15 years will receive a 50 percent subsidy of up to Rs 1 lac for engine replacement. Malpe fishing harbour will get a multi-level parking facility under a public-private partnership (PPP) model.
Infrastructure and industry
The Bayaluseeme, Malnad, and Coastal Area Development Authorities have been allocated a total of Rs 83 crore. A drinking water supply project worth Rs 705 crore will be implemented in Ullal and Ramanagara under the Karnataka Urban Water Supply and Sewerage Board. Keonics will set up a Global Technology Centre (GTC) in Mangaluru with plug-and-play facilities to promote innovation and entrepreneurship. A textile park will be developed in Karkala under a PPP model. An Industry 4.0 technology-based laboratory will be set up at the Karnataka German Technical Training Institute (KGTTI) in Mangaluru, along with similar centers in Bengaluru, Kalaburagi, and Belagavi, at a cost of Rs 10 crore.
Tourism and maritime development
An international cruise terminal, water metro, coastal berth, and a river cruise tourism project will be developed in Mangaluru. A maritime transport museum and experience center will be established in Mangaluru under a PPP model. Beachside facilities, highway hubs, and adventure sports infrastructure will be upgraded to promote coastal tourism. A sum of Rs 3 crore each has been allocated for the development of district stadiums in Dakshina Kannada and Udupi, totaling Rs 6 crore.
Disaster management and coastal protection
The Shoreline Management Plan by IIT Chennai will be implemented to address annual sea erosion in Dakshina Kannada, Udupi, and Uttara Kannada. Detailed project reports will be prepared, and Rs 200 crore has been allocated under the National Disaster Mitigation Fund for anti-sea erosion measures. Another Rs 200 crore has been earmarked for landslide mitigation in Dakshina Kannada, Udupi, and other Malnad districts.
Traffic management and law enforcement
AI-based surveillance cameras will be installed at 60 locations, including Dakshina Kannada, to enhance traffic monitoring and law enforcement, at a cost of Rs 50 crore.
With these allocations, the Karnataka Budget 2025 aims to enhance healthcare, education, infrastructure, and disaster management in Dakshina Kannada and Udupi while promoting economic growth and sustainability across the state.
Live updates
1:42 PM - Karnataka's revenue deficit is estimated at Rs 19,262 crore and fiscal deficit at Rs 90,428 crore for FY26.
1:42 PM - CM Siddaramaiah quotes Basavanna on social equity before presenting the budget.
1:42 PM - Karnataka budget prioritizes sustainable growth, fiscal health, and key sector investments for long-term prosperity.
1:41 PM - Total expenditure for FY26 estimated at Rs 4.09 lac crore, with focus on revenue, capital, and loan repayment.
1:40 PM - Karnataka's total receipts for FY26 estimated at Rs 4.09 lac crore, including Rs 2.92 lac crore in revenue.
1:40 PM - Revised estimates for FY25 place total expenditure at Rs 3.66 lac crore.
1:39 PM - Total receipts for FY25 revised estimates stand at Rs 3.58 lac crore, with state tax revenue at Rs 1.80 lac crore.
1:39 PM - Karnataka estimates Rs 9,000 crore in royalty collection for FY26.
1:39 PM - Mines and Geology Department expects to collect Rs 7,250 crore in FY25.
1:38 PM - Motor vehicle tax revenue estimated at Rs 12,500 crore for FY25, with a target of Rs 15,000 crore for FY26.
1:37 PM - Karnataka to allocate unused liquor licenses via transparent e-auction for additional revenue.
1:37 PM - State targets Rs 15,000 crore from vehicle registration tax in FY26, up from Rs 12,500 crore in FY25.
1:36 PM - Commercial Tax Department sets Rs 1,20,000 crore revenue target for FY26.
1:36 PM - Proposal to increase professional tax for salaried workers from Rs 200 to Rs 300 in February.
1:36 PM - Karnataka ranks 2nd in GST revenue collection; Rs 1,05,000 crore estimated from commercial tax in FY25.
1:35 PM - Koppal to get new district court complex at Rs 50 crore; two new JMFC courts to be set up at Rs 9 crore each.
1:35 PM - Karnataka expects Rs 40,000 crore in state excise revenue for FY26, up from Rs 36,500 crore in FY25.
1:34 PM - Karnataka aims to collect Rs 28,000 crore in property registration tax, up from Rs 24,000 crore last year.
1:33 PM - Online law library to be set up for Bar Association at a cost of Rs 50 lac .
1:33 PM - Karnataka targets Rs 1,20,000 crore in commercial tax revenue for FY26; proposal to raise professional tax to Rs 300.
1:31 - Karnataka to implement smart system for court proceedings transcriptions and document translations at Rs 2 crore using AI technology
1:27 - Karnataka strengthens public transport with 2,381 diesel and 716 electric buses; AI-enabled cameras to be installed at 60 locations for Rs 50 crore
Transport
1:27 - Karnataka allocates Rs 5,300 crore for Shakthi Scheme in 2025-26, following Rs 5,015 crore expenditure in 2024-25
1:26 - Karnataka to implement smart system for court proceedings transcriptions and document translations at Rs 2 crore using AI technology
1:25 - Karnataka strengthens public transport with 2,381 diesel and 716 electric buses; AI-enabled cameras to be installed at 60 locations for Rs 50 crore
Transport
1:20 - Rs 200 crore allocated under the National Disaster Mitigation Fund to prevent sea erosion in Dakshina Kannada and Udupi.
1:18 - A Maritime Museum and Experience Center will be established in Mangaluru under the PPP model to highlight the region’s naval history and marine heritage.
1:16- Karnataka allocates Rs 500 crore for international-level Film City in Mysuru
1:13 - The cost of the ticket of each show in all theatres of the state including multiplexes will be capped at Rs.200.
1:12 - Karnataka increases monthly pension for struggling journalists and family pension
Monthly pension for journalists facing hardship will be increased from Rs 12,000 to Rs 15,000 and family pension from Rs 6,000 to Rs 7,500.
1:11 - Karnataka secures Rs 3,500 crore from World Bank for water security and disaster resilience program
1:11 - To reduce congestion at Malpe Fishing Harbour, a multi-level parking facility will be developed through a public-private partnership.
1:10 - Fishing boat length restrictions will be eased to boost deep-sea fishing.
1:08 - A new fisheries policy will be introduced to promote sustainable fishing, conserve marine resources, and improve fishermen’s livelihoods.
1:05 - The state will fund a Rs 1 crore theatrical adaptation of Bolwar Mohammed Kunhi’s Sahitya Akademi Award-winning novel ‘Swatantryada Ota’ (Race for Freedom).
12:59 - New Tourism Policy introduced with an investment of Rs 8,000 crore and job creation of 1.5 lac.
12:57 - Culture
- Monthly pension paid to artists in the fields of art, literature and culture will be increased from Rs 2,000 to Rs 2,500.
- The digitalisation of 2,500 ancient palm-leaf manuscripts in Kuvempu Kannada Study Institute housed in Mysuru University at Rs 1 crore
- Elements of harmony contained in the writings of Ram Manohar Lohia and other great personalities will be consolidated and
- books will be published in Kannada language
12:52 - Weavers Package-2.0” launched to promote financial self-reliance and merge ongoing schemes for weavers
12:50 - 115 new substations, 3,490 km transmission lines added; Rs 8,833 crore for 100 more next year.
12:45 - Gruha Jyothi Scheme: 1.62 crore consumers registered, Rs 10,100 crore allocated this year
12:35 - Karnataka to upgrade 4,420 km of highways and district roads with Rs 4,848 crore investment in 2025-26
12:34 - Karnataka allocates Rs 600 crore for railway projects; suburban rail network expands with Rs 15,767 crore investment
12:33 - Karnataka approves Water Transport Policy, plans international cruise, water metro, and coastal port projects
Karnataka Water Transport Policy approved already to help developmental projects. CM says government is committed to providing systematic infrastructure and management of boating activities in the coastal region. A detail action plan to be prepared for international cruise, water metro, coastal berth programmes in Mangaluru, construction of port in Manki and shipyard in Honnavar of Uttara Kannada district and other river tourism activities.
12:29 - Karnataka to implement Rs 705 crore drinking water project, Rs 142 crore UGD schemes under Amrut 2.0
12:28 - Minorities to get 20% of all allocation in KIADB land to establish industries
12:19 - Karnataka allocates Rs 6,050 crore for Jal-Jeevan Mission in 2025-26, advances Rs 8,400 crore for speedy implementation
12:18 - Pragati Patha Scheme to enhance rural road connectivity with Rs 5,200 crore from 2025-26
12:17 - State to offer 8% interest subsidy on loans up to Rs 1 lac for street vendors under PM Swanidhi
12:16 - Women self-help societies of the National Livelihood Mission will maintain Indira Canteens in 10 Urban areas on a pilot basis
12:15 - Karnataka doubles education and medical aid for registered laborers and their dependents
12:14 - Karnataka Labour Welfare Board to provide additional medical aid up to Rs 5 lac for cancer, heart diseases
12:13 - Karnataka to build residential schools for construction workers’ children in 31 districts at Rs 750 crore
12:03 - Karnataka to waive Rs 1 lac deposit for 12,153 beneficiaries under CM’s 1 lac Housing Scheme
12:01 - “Anna Suvidha” expands to senior citizens above 75 years, benefiting 3.3 lac households
11:35 - Total borrowings this year at Rs 1.16 lakh crore. This is Rs 11,000 crore more than last fiscal - CM
11:34 - New Vijayapura Airport to be functional by 2026
11:33 - Rs 10 crore allocated for Anganwadi buildings on concessional CA sites
11:32 - Survey to assess socio-economic status of differently abled persons
11:30 - Mangaluru to get state’s first water metro
11:29 - Elgible students who get selected at LSE and Columbia to be given Rs 1 crore support
11:28 - 13 tribal communities in the state to get direct employment opportunities in state civil services
11:27 - Healthcare initiatives
- Budget of ?320 crore has been allocated to reduce preventable maternal mortality to zero through a campaign-based approach.
- Fourteen Critical Care Blocks with 50-bed capacity and one 100-bed Critical Care Block in Bengaluru have been constructed.
- A 200-bed modern and well-equipped hospital will be built in Bengaluru North Taluk at a cost of Rs 150 crore.
- A new medical college will be established in Puttur, upgrading the existing 100-bed taluk hospital.
- A scheme has been formulated to provide cashless treatment up to Rs 5 lac for over 3 lac contract, outsourced, and honorarium-based government employees and their dependents. The scheme will be implemented through Suvarna Arogya Trust, with employees contributing Rs 100 per month and the government contributing Rs 200 per month.
- Under a campaign worth Rs 50 crore will be launched to prevent and control Chikungunya, Dengue, and Kyasanur Forest Disease (KFD), which are prevalent in the Malnad region.
11:29 - For women-centric programmes Rs. 94,084 crore will be provided in the year 2025-26
11:28 - 100 Govt primary schools to be upgraded to High Schools, 50 to PU Colleges
11:27 - Guest teachers and lecturers to receive Rs2,000 monthly honorarium increase
11:26 - Children and Women Development Department gets Rs 34,995 crore allottment in budget
11:26 - The monthly honorarium given to the cooks working in government schools will be enhanced by Rs1000.
11:25 - 500 new Karnataka Public Schools will be started at a cost of Rs. 2,500 crore with assistance from Asian Development Bank.
11:25 -Anganwadi workers to get Rs 1,000 hike, helpers Rs 750; benefiting 37 lakh children
11:24 - Gruha Lakshmi scheme provides Rs 28,608 crore aid to 1.22 crore women in 2024-25 - Siddaramaiah
11:24 - Minority students to be given special training to face competitive exams
11:23 - Rs 175 crore allocated to upgrade 17,454 Anganwadi centers under Sakshama scheme
11:22 - Agriculture department gets 7145 crore allottment in budget
11:21 - Public Works Department gets Rs 11841 crore allocation in budget
11:20 - Womens cooperatives to run Akka Canteen centres in Zilla and Taluk Panchayats
11:19 - ll beneficiaries of Gruha Lakshmi scheme of Rs 2000 per month to be integrated into Stree Shakti Sangh
11:18 - Akka (Sister) Cooperative Society to be established at state level
11:17 - Implementation of Anugraha Scheme - compensation amount for cows, buffaloes, and bullocks will be increased from Rs 10,000 to Rs 15,000; for sheep/goats, from Rs 5,000 to Rs 7,500; and for 3-6-month-old lambs/kids, from Rs 3,500 to Rs 5,000.
11:16 - New fair price shops to be started to provide subsidised rice under ‘Anna Bhagya’ scheme
11:15 - Transportation to get Rs 20,625 crore; Housing Rs 21,405 crore
11:14 - Those who surrender land for development to get 50:50 developed land with rest being sold/allotted to public
11:10: Anti Naxal Force in the state disbanded
11:06 - Ullal to get new college for minorities
11:03 - Karnataka Budget live today: Central transfers to state decline, says CM
11:02 - Eligible Minority students to get state support of Rs 30 lac for studies abroad compared to Rs 20 lac earlier
11:01 - New Industrial Training Institutes to be setup in areas where minorities are dominant
11:00 - Raichur to get new Kidwai (Nephrology) Hospital
10:59 - 25K students in 169 hostels for minorities to get self defence training
10:58 - Knowledge Bank to be established in IISc to educate farmers about production, crop health, market etc.
10:57 - Waqf properties and graveyards of Muslims to get Rs 150 crore for upkeep
10:56 - Chief Minister’s infrastructure development program launched with Rs 8,000 crore to enhance State’s development
10:55 - Koppal to get Multispecaility hospital
10:54 - Karnataka Allocates Rs 95 Cr to Boost Horticulture with Advanced Farming Tech
10:53 - Karnataka allocates Rs 95 cr to boost horticulture with advanced farming tech
10:52 - Gurudawara to get Rs 2 crore grant to develop facilities
10:51 - Rs 250 cr setpart for development of Chrisitans
10:50 - Government pledges transparency, to introduce counselling for transfers in revenue departments
10:49 - Bengaluru Haj Bjhavan to have additional facilities
10:48 - Minorities get Rs 50k support for simple marriages
10:47 - Non-tax revenue expected to hit ?14,500 crore
10:46 - New Medical College to set up in Puttur in Dakshina Kannada district
10:45 - To prevent child and pregnant women mortality Rs 300 crore to be provided
10:43 - Organic products and grains are essential to bridge the gap between demand and supply and to provide benefits to farmers
10:42 - Guarntees of Congress government to get Rs 51,034 crore budgetary support
10:41 - Media personnel to get Sanjeevini health scheme
10:40 - State to float own OTT to help develop Kannada language programmes
10:39 - Cinema production to be declared industry to help it get investments
10:38 - Centralised booking of accomodation at various temples to be implemented
10:37 - Jain, Buddhist and Sikh development corporations to get Rs 100 crore grant each
10:36 - Temple priests annual salaries hiked from Rs 60,000 to Rs 72,000
10:35 - In government tenders and contracts Muslims to get reservation of 4 percent
10:34 - Multiplex in state from now onwards can charge ticket prices only of Rs 200
10:33 - Karnataka ranked third in the country by attracting foreign investments worth $4.4 billion in 2024-25 - CM
10:32 - Gruha Jyoti Scheme receives Rs 10,100 crore budgetary support for 200 units of free power
10:31 - Siddaramaiah says state should get rightful share of taxes collected on behalf of the centre
10:30 - CM says there should be greater equity in distribution of resources fron Centre based on contribution by states
10:29 - SC/ST fisherman get additional Rs 3 lacs for purchase of vehicles
10:28 - Toor Dal gets Rs 450 per quintal support price to encourage more cultivation
10:27 - Aganwadi workers honararium increased by Rs 1000 per month
10:26 - Govt implements policies in key sectors to boost growth and employment, aiming for Rs 1 lac crore investment
10:25 - Bengaluru University renamed as Dr Manmohan Singh Bengaluru University in honor of former PM
10:24 - Honorarium given to workers who provide hot meals in schools increased by Rs 1000 per month
10:23 - School children also to get Ragi Malt 5 days a week
10:22 - 7.4x growth in 2024-25 - Siddaramaiah
10:21 - Karnataka is one of the fastest growing states in the country - CM
10:22 - Karnataka GDP grew faster than National Average
10:21 - School children to get egg / banana six days a week to erase malnutrition among them
10:29 - 500 government public schools to be developed at a cost of Rs 2500 crore
10:20 - Siddramaiah expected to announce Rs 4 lac crore, up from Rs 3.71 lac crore this fiscal'. May increase borrowings to fund development.
Earlier report
CM Siddaramaiah set to present record 16th Budget for Karnataka
Daijiworld Media Network - Bengaluru
Bengaluru, Mar 7: Chief Minister Siddaramaiah, who also holds the finance portfolio, is set to present his 16th budget on Friday, March 7. The Karnataka Budget 2025 will include announcements on new schemes, tax policies, and potential changes in the prices of essential commodities.
BJP’s demands
The opposition BJP has demanded an additional allocation of Rs 5 crore for the development of each MLA constituency. The party has also urged the government to allocate Rs 50 crore in the 2025-26 state budget for infrastructure development, including road construction, across all assembly constituencies.
Special Cabinet meeting before Budget presentation
Ahead of the budget presentation, a special cabinet meeting will be held at 9:45 am at the cabinet hall in Vidhana Soudha to approve the budget proposals. Following this, CM Siddaramaiah will head directly to the legislative assembly to present the budget at 10:15 am.
Budget presentation to begin at 10:15 am
The Karnataka Budget 2025 presentation is scheduled for 10:15 am on Friday. Traditionally, the budget speech begins at 11 am, but this year, it is being advanced due to the Rahu Kaal starting at 10:30 am.
A blueprint for future of 7 crore Kannadigas
CM Siddaramaiah, speaking ahead of the budget, emphasized that the budget is not just about financial figures but serves as a roadmap for the future of Karnataka’s 7 crore citizens. "Through this budget, I am making a sincere effort to ensure that every citizen of the state benefits from at least one government scheme," he stated.
A record 16th Budget
This marks Siddaramaiah’s 16th budget presentation, the highest by any leader in Karnataka's history. At the national level, Gujarat’s Vajubhai Vala holds the record for presenting the most budgets, with a total of 18 during his tenure as the state's finance minister.
Budget size expected to cross Rs 4 lac crore
The Karnataka Budget 2025-26 is expected to surpass Rs 4 lac crore in size, compared to Rs 3.71 lac crore in 2024-25. In the previous budget, Rs 52,000 crore was allocated for the five guarantee schemes. With an increase in beneficiaries, this allocation is likely to rise. The government is also planning to increase capital expenditure for development projects to Rs 55,877 crore.
Public expectations from Karnataka Budget 2025
There is growing anticipation regarding provisions for development and social welfare schemes, along with continued focus on the five guarantee schemes. Employees of various state-run corporations, including KSRTC, are expecting salary hikes. The public is eager to see how these demands will be addressed in the budget.
Siddaramaiah, the leader with most Budget presentations in Karnataka
Historically, several chief ministers and deputy chief ministers have presented Karnataka’s budget, but Siddaramaiah holds the record for the highest number of budget presentations. Seven years ago, he surpassed the previous record of 13 budgets held by former CM Ramakrishna Hegde. Now, in his second term as chief minister, Siddaramaiah is set to present his 16th budget.