Karnataka Budget: karnataka cm Siddaramaiah presented the state budget with, an emphasis on social justice
Karnataka Budget 2025: Karnataka chief minister Siddaramaiah presented his record 16th budget in the Assembly. This time in his budget speech, Siddaramaiah emphasized social justice. Before presenting the budget, cm Siddaramaiah reached the Assembly with the budget documents.
Karnataka chief minister Siddaramaiah presented his record 16th budget in the Assembly. This time in his budget speech, Siddaramaiah has emphasized on social justice. Before presenting the budget, cm Siddaramaiah reached the Assembly with the budget documents. Other members of his cabinet were also present with him. Meanwhile, karnataka Leader of Opposition R Ashoka claimed that this is the last budget of cm Siddaramaiah, as now his chair is going to go.
On the other hand, DK Shivakumar attacked the opposition party ahead of the budget, saying, "They have no moral right to speak on Karnataka. Nothing has been given to karnataka in the Union Budget... they should be ashamed. Let them do what they want to do. It is the will of the people. We are here to protect the people of Karnataka. Whatever promise we made to the people of karnataka during our tenure, we have fulfilled it."
Karnataka chief minister Siddaramaiah presented the state budget for the financial year 2025-26 in the assembly, allocating a sum of Rs 51,034 crore for the implementation of various guarantee schemes in the current fiscal year.
CM Siddaramaiah asserted that the government has managed these guarantees while maintaining fiscal discipline. The budget follows the fiscal deficit norms of 3 per cent of GSDP and debt-to-GSDP ratio of 25 per cent followed in the last two budgets.
The agriculture sector, which faced a negative growth rate of -4.9 per cent last year, has bounced back with a growth of 4 per cent in 2024-25, ahead of the national agricultural growth rate of 3.8 per cent. The improvement has been attributed to government initiatives promoting kharif sowing, favourable monsoon conditions and improved reservoir levels. The budget for the agriculture sector has been increased to Rs 51,339 crore from Rs 44,000 crore last year.
To ensure balanced infrastructure development in karnataka, the government has launched the Chief Minister's Infrastructure Development Programme (CMIDP) with an investment of Rs 8,000 crore. The initiative will focus on enhancing minor irrigation, road network, and urban infrastructure in all assembly constituencies.
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