Karnataka budget 2025 live updates: Govt allots ₹233 crore per constituency to implement guarantees

Karnataka budget 2025 live updates: CM Siddaramaiah announced the creation of a ‘Knowledge Bank’ at IISc Bengaluru to support farmers with information on production techniques, crop health, market trends, and agricultural best practices.

Karnataka budget 2025 live updates: CM Siddaramaiah announced that ₹233 crore has been allocated to each assembly constituency in Karnataka for the implementation of guarantee schemes.

Karnataka budget 2025 live updates: CM Siddaramaiah announced key allocations in the budget,

– ₹1,800 crore for 21 projects under the ‘Brand Bengaluru’ initiative.

– ₹3,000 crore for climate resilience, focusing on tackling weather challenges and upgrading drainage and sewage treatment infrastructure.

– ₹555 crore for Cauvery Water Supply Phase 5, aimed at providing drinking water to 110 villages.

Karnataka budget 2025 live updates: The Karnataka government has allocated ₹100 crore for the comprehensive development of Jain, Buddhist, and Sikh communities, while ₹250 crore has been earmarked for the development of the Christian community.

Karnataka budget 2025 live updates: In the 2025-26 budget, CM Siddaramaiah announced an increase in honorarium for Jain priests, Chief Granthis of Sikhs, and Pesh-Imams of mosques to ₹6,000 per month. The honorarium for Assistant Granthis and Muezzins will be raised to ₹5,000 per month.

Karnataka budget 2025 live updates: In the assembly, CM Siddaramaiah announced plans to launch a state-owned OTT platform to promote and develop Kannada language programs.

Karnataka budget 2025 live updates: CM Siddaramaiah announced in the assembly that an additional building will be constructed at Haj Bhavan in Bengaluru to enhance facilities and amenities for Haj pilgrims and their relatives.

Karnataka budget 2025 live updates: CM Siddaramaiah announced that Bengaluru Metro will expand to Devanahalli, near Kempegowda International Airport, with the network set to grow to 98.60 km over the next two years, improving connectivity.

Karnataka budget 2025 live updates: During his budget speech, CM Siddaramaiah announced that multiplexes across Karnataka will now have a maximum ticket price cap of ₹200.

Karnataka budget 2025 live updates: While presenting the state budget in Vidhana Soudha, Karnataka CM and Finance Minister Siddaramaiah announced that an Action Plan of ₹1,000 crore has been prepared under the ‘Chief Minister’s Minority Colony Development Programme’. The initiative will be implemented in FY 2025-26.

Karnataka budget 2025 live updates: The chief minister firmly defended the state’s flagship guarantee schemes, saying that they are not “freebies” but crucial measures aimed at reducing poverty and ensuring social justice.

Karnataka budget 2025 live updates: During his 2025-26 budget speech, CM Siddaramaiah announced that 250 Moulana Azad Model English Medium Schools will be established in phases, following the Karnataka Public Schools model.

A ₹500 crore programme will be formulated for this initiative, with ₹100 crore allocated for the current year. The project will be implemented in collaboration with the School Education Department.

Karnataka budget 2025 live updates: CM Siddaramaiah announced that Karnataka’s state GDP has grown by 7.8%, while the agriculture sector recorded a 4% growth, exceeding the national average during his budget speech on Friday.

Karnataka budget 2025 live updates: Karnataka CM Siddaramaiah is presenting the state budget in the Legislative Assembly.

Earlier, he arrived at Vidhan Soudha with the Budget document, accompanied by his cabinet colleagues.

Meanwhile, Leader of Opposition R Ashoka claimed that this would be Siddaramaiah’s last budget, calling him the outgoing chief minister.

“He is an outgoing CM. In the past two years, they have done nothing. Hospitals lack medicines, and prices of essentials like petrol, diesel, and milk have risen. At least in this budget, they should announce measures for development—that is our demand,” Ashoka said.

Karnataka budget 2025 live updates: Karnataka Minister Dr. MC Sudhakar said that as the Opposition, the BJP is trying to make its presence felt. He asserted that the people of the state are aware that all guarantee schemes have been implemented. He also stated that the allocated funds for his department have been utilized as planned. Dismissing BJP’s stance, he added that the party is free to protest in any way it wants.

Karnataka budget 2025 live updates: Karnataka CM Siddaramaiah began his budget speech on Friday in the assembly by quoting Kuvempu, Gopal Krishna Adiga, and other literary figures.

Karnataka budget 2025 live updates: Ahead of the state budget, Karnataka DCM DK Shivakumar criticised the BJP, stating that the party should explain what it has done for Karnataka. He accused the BJP of lacking the courage, voice, and moral right to protect the state, adding that the central budget did not allocate anything for Karnataka.

Shivakumar asserted that the Congress government is committed to safeguarding the state’s interests and fulfilling its promises, unlike the BJP’s tenure. He dismissed BJP’s criticism, saying, “Let them do whatever they want.”

Karnataka budget 2025 live updates: Despite financial constraints, the state government is unlikely to reduce spending on its five guarantee schemes, which received ₹52,000 crore last year.

The budget is also expected to focus on balancing development projects with rising borrowings, which may exceed ₹1.25 lakh crore.

Karnataka budget 2025 live updates: Chief minister Siddaramaiah is set to present his 16th Karnataka Budget on Friday, the highest by any leader in the state’s history.

With an outlay expected to surpass ₹4 lakh crore, the budget is likely to prioritise infrastructure development while maintaining funding for welfare schemes.