The Karnataka Budget 2025 is set to be presented on March 14, with the budget size expected to exceed ₹4.1 lakh crore. Chief Minister Siddaramaiah, known for his expertise in public finance, is expected to deliver a pragmatic and growth-oriented budget.
Karnataka Budget 2025: Key Highlights & Expectations
Major Financial Projections:
- Revenue Growth: Karnataka’s tax collection is set to exceed ₹1.9 lakh crore, thanks to a strong economic performance.
- Central Funds: The state expects ₹50,000 crore from central tax devolution and ₹16,000 crore in grants-in-aid.
- Budget Expansion: The government is considering increasing spending significantly, with the 2024 fiscal budget already revised to ₹3.8 lakh crore.
Key Focus Areas:
- Infrastructure Development: Increased allocations for roads, metro projects, and urban planning.
- Social Welfare: Likely expansion of schemes under the Congress’ five guarantees, including free electricity, bus travel for women, and financial aid programs.
- Agriculture & Rural Economy: Support for farmers and rural industries amid rising concerns over drought conditions.
- Education & Healthcare: Possible budgetary hikes for government schools, colleges, and medical facilities.
The budget session will begin on March 10, with the first four days dedicated to the Governor’s address and discussions before the budget presentation.
