Karnataka Budget 2026 Live: Karnataka to ban social media for kids under 16: CM Siddaramaiah

10 industrial clusters to be setup to help MSME’s across the state at an expense of Rs 15 crore

19 crore to be set aloocated for SC/ST students admitted under RTE to continue their class 10, and 12 education

₹100 crores for the development of basic amenities in various parts of Davangere South Assembly constituency where Scheduled Castes, Scheduled Tribes and minorities are predominantly residing

Monthly honorarium for Buddhist monks and ₹100 crore fund for community welfare

Monthly honorarium of 6 thousand rupees for Buddhist monks. ₹100 crores for the welfare of Jain, Buddhist, Sikh communities. Learning centers and civic service centers in selected waqf properties

State government plans to set up a mess committee for providing quality food in hostels and residential schools

State government plans to set up a mess committee for providing quality food in hostels and residential schools. The mess committee is being formed under the leadership of the students, with government providing all assistance in advance.

38 lakh farmers will be given agricultural loans of Rs 30,000 crore at zero interest rate

Fishing subsidy has been increased to ₹20,000

The subsidy for fishing has been increased to Rs 20,000. A Center of Excellence will be established at Mangalore Fisheries University, and a fish market will be established to sell fish. It will be established in Uttara Kannada, Dakshina Kannada, Udupi, and Bagalkot.

300 footbridges to be constructed in unconnected and populated areas

300 footbridges will be constructed in unconnected and populated areas in the state’s hilly and coastal regions for the safety of the public and students

Support for Silk Farmers

• Transportation/incidental cost for silk cocoons produced in North Karnataka districts has been increased from ₹10 to ₹20 per kg for sale in government silk cocoon markets.
• Silk Parks will be established in Ramanagara, Sidlaghatta, Haveri, Tandavapura, and Kalaburagi.

Sasyasanjeevini scheme to be launched

The VasudhAmrut scheme will be implemented to improve soil quality. Over the next three years, the Sasyasanjeevini scheme will be launched.

New Cheetah welfare board to create 358 jobs

358 jobs to be created in a new Cheetah welfare board

A Boer goat breeding center to be established in Mysuru

A Boer goat breeding center will be established in Mysuru, and development of the Banduru sheep breeding center will be prioritized.

Allocates ₹40 crore to encourage the purchase of cows and buffaloes

An allocation of ₹40 crore has been set aside to encourage the purchase of cows and buffaloes. 20 taluk-level veterinary hospitals will be upgraded, and 15 veterinary hospitals will be upgraded at a cost of ₹10 crore.

100 new buildings dedicated for veterinary institution

100 new buildings will be constructed for veterinary institutions, sheep farming will be encouraged in Belgaum and Kalaburagi.

Silk (Sericulture) Sector

• Karnataka produces 46 per cent of India’s silk, making it the silk capital of the country.
• ₹531 crore subsidy provided in the last 3 years to 2 lakh beneficiaries.
• Subsidy used for rearing sheds and drip irrigation units.

All Gram Panchayats in the state to be renamed as “Mahatma Gandhi Gram Panchayat.”

All Gram Panchayats in the state will be renamed as “Mahatma Gandhi Gram Panchayat.” This decision aims to honor Mahatma Gandhi after the state government overturned the VB G RAM G bill.

Tourism and Innovation

• Lingambudhi Botanical Garden (Mysuru) to be developed to attract tourists and nature lovers.
• Promotion of hydroponics and cocopeat-based soil-less agriculture to save water and prevent soil diseases.
• Horticulture College to be established at Kambala (first phase infrastructure works to begin).

Student elections to strengthen democratic fabric

Colleges and universities to have student elections to strengthen democratic fabric

Storage and Infrastructure

• Two cold storage houses (capacity 12,000 metric tons) to be built at:
• Honnali taluk (Davanagere district)
• Toravi (Vijayapura district)
• Project cost: ₹64 crore.
• Cold storage facilities to be built in all agricultural markets in phases.

₹5,300 crore has been allocated for the Shakti Scheme, one of the state’s guarantee programs

₹3 lakhs to unemployed minority youth for start-ups

Unemployed minority youth to be provided support money of Rs 3 lakhs for setting up own ventures

Mysuru designated as Karnataka’s second IT city to reduce Bengaluru congestion

A decision has been made to develop Mysuru as the state’s second IT city. This move aims to reduce congestion in Bengaluru.

Pest & Disease Control Initiative

• Community-based pest control programme to control:
• Areca nut diseases (leaf spot, yellow leaf, rot)
• Coconut pests (black-headed caterpillar, whiteflies)
• Programme implemented with universities and agricultural science centers at a cost of ₹10 crore.

Horticulture Initiatives

• Horticulture cultivation newly adopted in 89,000 hectares.
• Drip irrigation implemented in 2.23 lakh hectares, benefiting 2.36 lakh farmers.
• Under the crop insurance scheme, ₹2,378 crore compensation provided to 11 lakh farmers.
• 9,800 post-harvest units constructed benefiting 21,360 beneficiaries.
• Government land in horticulture fields and nurseries to be used for high-value orchards.
• Post-harvest facilities and horticulture industries to be developed under the PPP model.

Allocates ₹10 crore to address leaf blight and turmeric blight diseases

₹10 crore allocated to address leaf blight and turmeric blight diseases affecting spice farmers, and to resolve issues faced by coconut growers.

Vacancy in forest department

1000 vacancies in forest department to be filled up

Learning centres to be setup in Wakf properties, 15,000 teachers to be recurited

Victoria Hospital to be renamed after Shantaveri Gopala Gowda

For Bengaluru’s Victoria Hospital to be renamed after Shantaveri Gopala Gowda

Patients to receive food through ISKCON

As part of welfare initiatives, hospital patients will receive food through ISKCON.

Vacany in the Health Department

2,500 vacant posts in the Health Department will be filled soon.

For patients with life-threatening illnesses, home-based care services, modeled on Kerala’s approach, will be introduced.

Addressing child health, Nutrition Rehabilitation Centres will be established to combat malnutrition, and free insulin pens will be provided to diabetes patients under 18 years of age.

₹900 crore for healthcare infrastructure development

₹900 crore for healthcare infrastructure development under the Health Department. Trauma care centres will be set up in district and taluk hospitals to enhance emergency medical response.

To strengthen critical care, ₹45 crore has been earmarked to upgrade ICU equipment across Karnataka.

To further strengthen the silk sector

Karnataka produces 46 per cent of Silk in the country..to further strengthen the sector silk boards to be established in Siddalghata, Ramnagar, Kaburgi and Pandavapura

New initiative to launch 62 schools for children of laborers

62 new residential labour schools will be launched for the children of labourers, with a plan to prioritize the opening of a total of 104 such schools across the state.

Government Tool Room & Training Centre at ₹60 crore

To strengthen technical training infrastructure, the government will set up 10 new GTTC (Government Tool Room & Training Centre) facilities at ₹60 crore.

Revenue grows 12.3% to ₹22,629 crore, new target set at ₹29,000 crore

In the 2025–26 fiscal year, a total revenue of ₹22,629 crore was collected up to February, showing a 12.3% growth compared to the previous year. For the 2026–27 fiscal year, a revenue target of ₹29,000 crore has been set for the Registration and Stamps Department.

ESI hospitals in Raichur, Bagalkote, Vijayapura, Bidar, Koppal, Chitradurga, Mandya, Bhadravati, and KGF will be upgraded.

A breast and cervical cancer vaccination center will be established in Bengaluru.

AI Farmer Call Center to enhance agricultural support in Chitradurga

An AI technology-based Farmer Call Center will be set up to provide agricultural information. Additionally, the Agricultural Entrepreneurship Training Center in Chitradurga will be upgraded.

Millet Hub to launch with ₹100 crore investment in agriculture

For promoting millet products, a Millet Hub will be established. Under the Chief Minister’s Agricultural Extension Scheme, projects worth ₹100 crore will be implemented. The VasudhAmrut scheme will be launched to improve soil quality. Over the next three years, the Sasyasanjeevini scheme will be implemented.

New 450-bed multispecialty hospital

450 bed multispeciality hospital to be setup in coastal city of Karwar

Establishment of dog population control training centers in Bengaluru and Bidar.

Karnataka bans social media for children under 16

Social media to be banned for kids under 16 announces Karnataka

12 new police stations

In addition to the existing police stations in the state, 12 new police stations have been announced.

Monthly GST growth dropped from 10% to 4% after the rate changes: Karnataka CM

GST contributes 43% of Karnataka’s own tax revenue, making it the largest revenue source for the state.

Karnataka said GST rate rationalisation has slowed revenue growth.

Monthly GST growth dropped from 10% to 4% after the rate changes.

The state estimates a ₹10,000 crore GST shortfall in the current financial year.

A ₹15,000 crore revenue deficit is projected for the next year due to the proposed revisions.

Karnataka CM warns trade agreements may impact State’s economy

Karnataka CM Siddaramaiah said that proposed tariff measures in international trade agreements, including those with the United States, could affect the state’s economy. The state stressed that globally integrated states like Karnataka should be consulted while framing India’s trade policies. The government highlighted the need for cooperative federalism so that foreign policy decisions protect regional economic interests.

An allocation of ₹28,608 crore has been announced for Gruhalakshmi beneficiaries.

Central government’s tax policy changes posed challenges for the State’s finances, Siddu said. The state government, however, with its planning, and resource management achieved stability

Allocates ₹1,700 crore for 158 km of White-topping roads

₹1,700 crore has been allocated for white-topping in Bengaluru. White-topping works covering 158 km of roads have been announced, which will benefit motorists and help eliminate pothole-ridden roads.

Sources of borrowing:

Loan from Central Government – 6,810 crore

Open market borrowings – 1,22,340 crore

Loans from LIC / NSSF / NCDC and RIDF – 2,850 crore

Various capital receipts – 23 crore

Recovery of loans and advances – 167 crore

Total borrowing – 1,32,190 crore

Laptops for minority students

Minority students to get laptops from State government

Contentious Mekedatu project between Karnataka and TN, state government decides to prepare a DPR report for commissioning the project

Karnataka Budget Live: Minority women to get seperate old age homes

State government establishes boards for major hindu pilgrimage sites

State government’s through endowment department tightens grip on major Hindu piligramage sites like Kukke Subramanya, Kollur Mookambika and a few others by setting up separate management boards for them.

Agri loans at zero interst

Agricultural loans worth ₹30,000 crore will be provided to 38 lakh farmers at zero interest.

Allocates ₹6,200 crore for Indira Kit distribution over rice

A decision has been made to distribute the Indira Kit instead of 5 kg of rice, with ₹6,200 crore allocated for the scheme. 

Film city to be developed in Mysuru at a cost of ₹500 crore

Budget will focus on eleven sustainable models

CM Siddaramaiah says the budget will focus on eleven sustainable models— guarantee economy, good public education, health, grassroots economy, good governance, gig economy, geographical equality, global trade economy, global protein economy, green economy, and growing urban economy.

Karnataka’s total debt stands at ₹8,24,389 crore

Karnataka’s total debt stands at ₹8,24,389 crore. It is estimated that around ₹11,000 crore in revenue may be generated from mining royalties, said Siddaramaiah.

Karnataka Budget 2026-27 Live

Employment remains a top priority

We are strengthening the administrative system by filling vacant positions in key departments. In line with our election manifesto, generating employment remains a top priority. This year, we have initiated the process to recruit for 56,432 posts. To address delays in recruitment caused by court cases, we have provided a one-time relaxation of five years in the upper age limit.

Balanced Growth: Agriculture surges 9.1%, industry rises 6.7% amid monsoon boost

There was balanced growth across sectors, with agriculture growing by 9.1 percent and the industrial sector growing by 6.7 percent due to a good monsoon.

State GSDP growth surpasses national growth rate

State GSDP growth at 8.1 per cent higher than national growth rate of 7.4 per cent

Budget Live 2026: Opposition BJP members on feet and object to such characterization by CM

CM Siddaramaiah accuses the Centre of discriminating against Karnataka in the provision of funds.

My government’s efforts are to remove regional developmental disparities: Siddaramaiah

Karnataka Budget Live: Government job vacancy

56,432 government vacancies to be filled up this year

Biggest tax contributors

Karnataka has been one of the biggest tax contributors to the development of the nation. The country can function only on a federal model as envisaged by the Constitution

Siddaramiah highlights government’s focus on social equity and quality of life

Ever since my government came to power in 2023, the emphasis has been on improving the quality of life for the common man and ensuring social equity through our guarantee schemes.

Siddaramaiah proposes ₹35,188 crore to enhance Women’s workforce participation

₹35,188.59 crore is proposed to boost the Female-to-Male Labour Force Participation Rate. 

Dedicated funding of ₹30.36 crore to combat spousal violence and ensure safety for women.

Over ₹280.60 crore allocated to increase female operational land holdings.

Budget 2026 dedicated to farmers, women, youth, backward classes and minorities

CM starts of by saying that budget dedicated to farmers, women, youth, backward classes and minorities

CM Siddaramaiah starts his budget speech

Karnataka proposes ₹55,319 crore budget to boost development efforts

• Massive Investment in Progress: Karnataka is proposing a staggering ₹55,319.20 crore for the 2026-27 budget to tackle critical development gaps.
• Growth: That’s a 25.14% increase in funding dedicated specifically to improving the lives of citizens.

Speaker U T Khader presiding over the proceedings

As per convention, assembly proceedings start with singing of national song (vande mataram)

Karnataka Budget Live 2026: The budget size has grown by 10 per cent to ₹4.49 lakh.

Budget analyst considers concessions amid speculation of departure

A populist budget analyst believes this might signal his swan song, and he may want to go out by announcing several concessions. If it is a more conservative budget, then it might be a signal that he is confident of retaining his chair, say analysts.

Budget signals future for Karnataka’s Chief Minister amid internal strife

Given the recent internal party tussles and the demand for the CM to be replaced by Deputy CM D.K. Shivakumar from a section of the party, the budget will indicate whether he expects to continue.

Budgetary Allocations for 2026-27

Total Proposed Allocation: The proposed budget for addressing the identified poor-performing indicators is Rs. 55,319.20 crore.

Budget Increase: This represents a 25.14% increase over the 2025-26 budget of Rs. 44,205.84 crore.

Additionality: An additional Rs. 11,113.35 crore has been provisioned based on the “distance criteria” (the variation between Karnataka’s performance and that of the best-performing state for specific indicators).

Congress leaders stand firm on five guarantee schemes amid record deficits

Congress party leaders indicate there is no going back on the five guarantee schemes of the state government, despite record deficits

Karnaraka Budget 2026 Live: The budget will be keenly watched to see how much the state proposes to borrow, as a deficit budget is expected to be presented.

Major Scheme Allocations (Proposed 2026-27)

• Gruha Lakshmi: Rs. 34,243.39 crore (allocated under SDG 5: Gender Equality).
• Jal Jeevan Mission (Rural Water Supply): Rs. 6,763.45 crore (allocated under SDG 6: Clean Water and Sanitation).
• Ayushman Bharath – PMJAY (State Share): Rs. 2,022.44 crore (allocated under SDG 1: No Poverty).
• Infrastructure for Primary & High Schools: Rs. 892.16 crore.
• Yuvanidhi Scheme: Rs. 718.18 crore.

Sustainable Development Goals Outcome Budget 2026-27, Government of Karnataka

Significant Departmental Allocations:

The proposed budget for 2026-27 prioritises the following departments to improve SDG outcomes:

• Women & Child Development: Rs. 35,231.55 crore (the highest allocation).
• Rural Development and Panchayat Raj (RDPR): Rs. 7,898.17 crore.
• Health & Family Welfare: Rs. 2,979.59 crore.
• School Education & Literacy: Rs. 1,766.67 crore.
• Forest, Ecology & Environment: Rs. 1,096.09 crore (showing a massive 91.34% increase)

SDG Outcome Budget 2026-27, Government of Karnataka

• Economic Contribution: Karnataka contributes 8% to India’s National GDP with less than 5% of the country’s population.
• Growth Targets: The state aims to become a $1 trillion economy by 2030.

CM Siddaramiah gets formal cabinet backing for the budget which he will be presenting on the floor of the assembly in a short while

Budget Live: Later in the day at 4 pm, CM Siddaramiah is expected to address a press conference explaining salient points from his budget

CM Siddaramaiah reaches the assembly to present state Budget today

Watch here:

Contractors push for ₹37,000 crore dues release ahead of Karnatka budget

Ahead of budget the contractors association which has been accussing delays in payments for works executed is demanding the release of Rs 37,000 crore pending dues to its members

Karnataka Budget Live: The CM has to balance demands from the 31 districts in the state

Karnataka CM Siddaramaiah to present his record 17th Budget today

Karnataka CM Siddaramaiah to present his record 17th Budget today

The Budget Session of the Karnataka Legislature will begin here on Friday, with Chief Minister Siddaramaiah presenting the Budget for 2026-27, his record 17th as the state’s finance minister.

CM Siddaramiah poses with a copy of the budget in a red bag on the steps of Vidhana Soudha before entering for the cabinet meeting

Focus on implementing programmes across six key developmental dimensions

The chief minister noted that this year’s budget will focus on implementing programmes across six key developmental dimensions: Welfare Programmes Budget, Agriculture and Rural Development Budget, Development-Oriented Budget, Prioritising Urban Development, Investment and Job Creation and Governance Reforms.

Total expenditure for the 2025-26 Karntaka budget

The total expenditure for the 2025-26 Karntaka budget is estimated to be Rs 4,09,549 crore. It includes revenue expenditure of Rs 3,11,739 crore, capital expenditure of Rs 71,336 crore and loan repayment of Rs 26,474 crore.

For the first time state government has made arrangements for the budget to be watched on TV screens at most major bus terminals across the state

Funds for Bengaluru Infrastructure

Court mandated upcoming Greater Bengaluru Authority elections means the state government may have to set apart more funds for the capital city’s infrastructure which has not kept pace with the growth of the city

Focus on five guarantee schemes

Budget will be closely watched as how the state government will raise resources for their five guarantee schemes which last year had an outlay of Rs 60,000 crore

Karnataka Budget Live

Siddaramaiah is set to present a record 17th budget, with only Vajubhai Vala in Gujarat having presented more budgets in a state, at 18. Incidentally, Vala was the previous Governor of Karnataka. Apart from Vala and now Siddaramiah, K M Mani in Kerala and former Karnataka CM Ramakrishan Hegde share the honours of having presented 13 state budgets.

Karnataka Budget 2026 Live: Cabinet to meet at 9.45 am to approve the budget before the CM reads it out on the floor of assembly; CM is scheduled to start budget presentation at 10.15 am

The keenly awaited Karnataka budget for Fiscal 2026-27 will be presented by the Chief Minister Sidharamiah in a short while.

Siddaramaiah breaks record: Karnataka’s longest-serving Chief Minister

Siddaramaiah recently became Karnataka’s longest-serving Chief Minister surpassing the tenure of former chief minister D Devaraj Urs. 

Karnataka Budget Live: Siddaramaiah as the finance minister faces a “tightrope walk”

According to official sources, Siddaramaiah as the finance minister, faces a “tightrope walk” as he must negotiate between containing the revenue deficit and funding his government’s populist guarantee schemes (’Shakti’, ‘Gruha Lakshmi’, ‘Gruha Jyoti’, ‘Yuva Nidhi’ and ‘Anna Bhagya’).

Karnataka Budget 2026 Live: Siddaramaiah’s five guarantee schemes

The most anticipated thing in the State budget this time is Siddaramaiah’s five guarantee schemes. As the CM has already said, he has said that the five guarantee schemes will not be stopped in the budget for any reason. In this budget, there is a possibility of allocating more funds for the five guarantee schemes including Grihalakshmi, Grihaljyothi, Shakti, Annabhagya, Yuvanidhi.