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The Latest Breaking News from Budget

Budget provides significant grants to new projects in NK districts

The State Budget presented by Chief Minister Siddaramaiah has provided significant amounts of grants and new projects to northern Karnataka districts. The most important announcement of the Budget is to celebrate the centenary year of the Congress session in 1924, the only session chaired by Mahatma Gandhi.

The Hindu

Revenue deficit unlikely to come down at least till 2026-27

Bengaluru's revenue deficit is expected to persist until 2026-2027 due to increased spending on guarantee schemes and limited resources.

The Hindu

Karnataka Budget: Three new schemes for start-ups announced

Bengaluru Chief Minister Siddaramaiah's Budget for 2024-25 introduces new programmes to boost start-ups, agri-start-ups, and innovation in Karnataka.

The Hindu

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Amidst gloomy scenario, agriculture gets a slew of innovative schemes for sustainability and drought mitigation

Amidst the gloomy scenario of agriculture sector reporting a negative growth of 1.8% due to severe drought, the State Budget for 2024-25 has announced a slew of innovative schemes for agricultural development, including a scheme titled Karnataka Raitha Samruddhi Yojane for promoting integrated and sustainable farming for boosting farm incomes.

The Hindu

Siddaramaiah presents welfare-centric Budget with no new taxes ahead of LS polls

Projecting the “Karnataka Model” of development as an example, by focusing on the five guarantees that Chief Minister Siddaramaiah promised would ensure positive changes in the lives of crores of people --- mainly women and marginalised sections --- the State Budget for 2024-25 sought to demonstrate that welfare has the…

The Hindu

Karnataka Budget: ‘Navu Manujaru’ to inculcate social harmony among students

The Karnataka Budget presented on Friday offers a novel scheme to sow seeds of social harmony at the school and college level with a programme titled ‘Navu Manujaru’ (We are human beings). It is an interactive, two-hour, weekly class that will involve discussions and debates in all schools and colleges…

The Hindu

Revenue Department to provide all its services online

Bengaluru Revenue Department to provide all services online, including digitalization of land records and transparent access to revenue records.

The Hindu

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Karnataka Budget on Health: Focus on upgrading infrastructure

While the overall funding for the health sector remains the same as last year at 4% (₹15,145 crore) of the total Budget, the focus this time is only on upgrading public health infrastructure, strengthening lab services, and establishing critical care hubs in every district.

The Hindu

Bandipur National Park to get elephant task force

Bandipur National Park to establish a task force to address conflict with elephants, with a budget allocation of ₹10 crore.

The Hindu

Karnataka Budget: Focus on rural road development

Focussing on rural road development, the State Budget has proposed to roll out ‘Pragati Path’ scheme with external assistance. Under this, the proposal is to develop a road network of 9,450 km with 50 km each in 189 rural Assembly constituencies at a cost of ₹5,200 crore.

The Hindu

Karnataka Budget a mixed bag according to industries, BJP dubs it as insipid

Mixed reactions to the State Budget 2024-25 in Mysuru, with industries' association flagging positives and BJP expressing disappointment.

The Hindu

Mysuru gets major infrastructure boost

The State Budget presented by Chief Minister Siddaramaiah includes infrastructure development projects for Mysuru, with emphasis on healthcare and education.

The Hindu

Four integrated waste management processing centres to come up on Bengaluru’s outskirts

The Budget proposes an end-to-end waste management system in Bengaluru, with four integrated waste processing units to be established on the outskirts of the city.

The Hindu

Major allocations for procuring land and upgradation of study centres in SGOU Budget

Sreenarayanaguru Open University's budget for 2024-25 includes land procurement, study center upgrades, and new diploma/certificate courses.

The Hindu

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The Hindu

Karnataka Budget: Renewable energy projects get big push

Karnataka plans to install a 300 kW self-sustained Green Hydrogen plant to attract investment in the sector.

The Hindu

Kerala’s Gender Budget must include performance reports for transparency of women-specific schemes: CAG

Comptroller and Auditor General (CAG) of India wants performance reports to accompany proposals for the Gender Budget to ensure transparency in public spending on women empowerment in Kerala.

The Hindu

Finance Minister K.N. Balagopal announces additional Budget outlay of ₹129 crore

Finance Minister K.N. Balagopal announces additional outlay of ₹129 crore, including ₹70 crore for civil supplies, in State Budget.

The Hindu

Nehru, Indira gave Bharat Ratna to themselves: Madhya Pradesh Chief Minister

Madhya Pradesh CM accuses Nehru and Gandhi of awarding themselves Bharat Ratna, thanks PM Modi for recent awardees.

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The Hindu

Tourism, waste management get thrust in Alappuzha municipal Budget

Tourism and waste management welfare received major boost in the Alappuzha municipality’s Budget for 2024-25.

The Hindu

Wish list for Karnataka Budget: KRRS seeks ₹5 lakh incentive for brides marrying young farmers

Karnataka farmers demand ₹5 lakh incentive for brides, ₹25 lakh loan, and waiver of interest on crop loans.

Dynamite News

Rajya Sabha to hold short discussion on White Paper, Ram Lalla Pran Pratistha on last day of Budget session

Rajya Sabha will on Saturday, the last session of the ongoing Budget session of Parliament, hold a short-duration discussion on the White Paper put out by the Centre and on the Pran Pratistha of Ram Lalla. Read further on Dynamite News:

The Hindu

Thripunithura municipality hopes to realise bus terminal project by 2026

The annual Budget of Thripunithura municipality claims that the central bus terminal project will become a reality in 2026, with an estimated expense of ₹30 crore.

The Hindu

Kochi Mayor claims victory in voting on Budget indicative of LDF’s increased hold on Council

Kochi Mayor M. Anilkumar has claimed that the Left Democratic Front (LDF)-led governing committee has further strengthened its hold on the Corporation Council going by its increased support in the voting to approve the Corporation Budget on Friday.

The Hindu

R&D spend — golden intervention or smoke and mirrors

With so many demands on the corpus announced in the interim Budget, the government needs to define what it is expected to achieve

The Hindu

Road map for fiscal consolidation

The Interim Budget for 2024-25 maintains tax rates and emphasizes increasing capital expenditures and fiscal correction.

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