The size of the 2025-26 budget is expected to reach Rs 4 lakh crore, an increase from the Rs 3.71 lakh crore allocated in the current fiscal year.
In a post on 'X', Siddaramaiah said, "Over the past few days, I have held meetings with our cabinet ministers; senior officials of various departments; leaders of -- farmers, exploited, minority, backward class organizations; and religious leaders."
He said that he has made an effort to listen to the aspirations of people from all castes, races, and classes of society in a non-partisan manner and has tried to respond positively to them through this budget.
"I believe that the budget is not merely a calculation on sheets of paper, but a manual for shaping the future of the seven crore Kannadigas of the state. I am confident that I have made a sincere effort through the budget to make every citizen of the state a beneficiary of some government scheme," he added.
Karnataka Budget 2025: Here’s what to expect
- In the 2024-25 budget Siddaramaiah had set aside Rs 52,000 crore for the guarantee schemes.
- According to reports, there are expectations that the CM may increase borrowings aimed at funding developmental works.
- Meanwhile, opposition BJP-JD(S) MLAs have demanded an additional Rs 5 crore for the development of each MLA's constituency.
- A delegation led by BJP state president and MLA B Y Vijayendra, along with Leader of Opposition R Ashok, met with Chief Minister Siddaramaiah today to submit their request.
- The saffron party has called for a grant of Rs 50 crore to be included in the 2025-26 state budget for infrastructure development, road construction, and basic facilities in all assembly constituencies.
- Apart from this, key infrastructure projects, such as the proposed tunnel roads and a skydeck for Bengaluru, are likely to be addressed during the budget discussions.
- The state also announced the development of parallel cities like KWIN City and SWIFT City to ease congestion in Bengaluru. A significant budgetary allocation is expected for these projects to ensure steady progress.
- Moreover, crucial metro projects, including the Blue Line and other ongoing extensions, require financial support to meet construction deadlines.
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