The Latest Breaking News from Budget

Social activists, farmers’ leaders, and business community leaders criticised Chief Minister Siddaramaiah for making no announcement in the the Budget presented on Friday on withdrawal of Land Reforms Act and Cow Slaughter legislation enacted by previous BJP government.

Keeping the poll promise, Chief Minister Siddaramaiah in the Budget on Friday said National Education Policy (NEP) would be replaced with a new State Education Policy. He also announced extension of the programme of providing eggs, groundnut chikki and banana to students studying in classes IX and X of government…

Gig workers in Karnataka will be provided a life insurance cover of ₹2 lakh and accidental insurance of another ₹2 lakh, proposed the state Budget 2023-24, that was presented here on Friday.

Contrary to expectations, the much hyped “Brand Bengaluru” initiative spearheaded by Deputy Chief Minister D.K. Shivakumar, who also holds charge of the city, seems to have added little new for the city in the Karnataka Budget that Chief Minister Siddaramaiah presented on Friday, July 7.

Amidst fear of drought looming large over Karnataka, the State Budget 2023-24 presented by Chief Minister Siddaramaiah has proposed to reintroduce the erstwhile Congress government’s flagship scheme of Krishi Bhagya that seeks to turn dry-land farming into climate resilient through rainwater conservation measures.

Karnataka government has proposed construction of a new metro line of about 37 km between Hebbal and Sarjapur at an estimated cost of ₹15,000 crore. The State government will be submitting a proposal to the Union government for approval.  

For those wondering if the five guarantees the Congress offered were solely to gain electoral victory or were a part of a more definitive longer-term strategy, Chief Minister Siddaramaiah’s Budget provides a clear answer.

The Navale Balancing Reservoir, a new dam proposed to be built across River Tungabhadra near Navale village in Koppal taluk, is a permanent announcement in most Budgets presented in the last few years. However, no Budget has made any specific allocations for implementing the project.

Museums became the centres of attention of the tourism sector in the Budget. Chief Minister Siddaramaiah announced that “Karnataka Archaeological Museum and Art Gallery” will be established in Mysuru on a two-and-a-half-acre government land near Chamundi Vihar stadium to exhibit the rich art and cultural heritage of Karnataka.