Karnataka Budget 2026-27 LIVE: CM Siddaramaiah presents his 17th state budget

The 11G model focuses on multiple pillars of growth and welfare:

• Guarantee Economy: Welfare-focused governance promoting social security and gender equality.

• Good Public Education: Strengthening public education to ensure inclusive progress.

• Good Health to All: Building a healthier Karnataka through comprehensive healthcare.

• Grassroots Economy: Boosting agriculture, rural development and welfare schemes.

• Good Governance: Citizen-friendly administration and transparent governance.

• Gig Economy: Welfare measures for gig and platform-based workers.

• Geographical Equality: Reducing regional imbalances across the state.

• Global Trade Economy: Encouraging trade, industry and economic expansion.

• Globe-Trotting Economy: Strengthening tourism-driven economic growth.

• Green Economy: Promoting renewable energy and environmentally sustainable development.

• Growing Urban Economy: Supporting sustainable urban-centred economic growth.

Karnataka CM Siddaramaiah announced major agriculture initiatives including the ₹100 crore Krishi Vistara scheme, AI-based farmer call centre, millet hub, organic farming push and strict action against fake seeds and pesticides.

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https://newsfirstprime.com/karnataka/karnataka-budget-cm-siddaramaiah-announces-krishi-vistara-scheme-ai-farmer-call-centre-and-organic-farming-push-11179784

In another major announcement for the education sector, the government has decided to recruit 15,000 teachers for schools and colleges across the state to strengthen the teaching workforce.

During the 2026-27 Budget presentation, Chief Minister Siddaramaiah said the government plans to ban social media access for children below 16 years, drawing inspiration from a similar move in Australia.

The paramedical courses will be introduced in Hubballi, Indiranagar, Mysuru and Doddaballapur.

In addition, a three-year PG (DNB) medical course will also be started in Indiranagar, aimed at strengthening medical education and training opportunities in the state.

• Water supply and sanitation -3% 
• Debt servicing- 20% 
• Other General services -18% 
• Social welfare -15% 
• Other economic services- 14% 
• Agriculture, Irrigation and Rural development- 13% 
• Education -10% 
• Health -4% 
• Other social services- 3%

• State Non-tax Revenue -4% 
• Grants from Cnetral Govt - 4% 
• Share of Central Tax- 14% 
• Capital Receipts and Borrowings- 29% 
• State Tax Revenue- 49% 

A major Skill Training Academy will also be set up in the Hubballi–Dharwad city region at a cost of ₹200 crore.

Additionally, paramedical courses will be introduced through the Labour Insurance Society in key locations including Hubballi, Indiranagar, Mysuru and Doddaballapur.

Presenting the 2026-27 State Budget, Chief Minister Siddaramaiah announced key healthcare initiatives.

A Breast and Cervical Cancer Vaccination Centre will be established in Bengaluru to strengthen preventive healthcare.

The government has also announced the upgradation of ESI hospitals in several districts, including Raichur, Bagalkot, Vijayapura, Bidar, Koppal, Chitradurga, Mandya, Bhadravathi and Kolar Gold Fields.

• Super speciality hospitals will be established in Karwar and Yadgir, strengthening healthcare infrastructure in these regions.

• For the Madivala community, the government has announced loans of up to ₹5 lakh at 5% interest to set up modern laundry units, aimed at improving livelihoods and supporting traditional occupations.

The government has decided to submit the Detailed Project Report (DPR) for the Mekedatu project, though no specific financial allocation has been announced yet.

Presenting the 2026-27 Budget, Chief Minister Siddaramaiah announced a key change under the food support scheme.

• The government has decided to distribute “Indira Kits” instead of the existing 5 kg rice benefit.

• A total of ₹6,200 crore has been allocated for this initiative.

• In another major announcement for the agriculture sector, ₹30,000 crore in zero-interest crop loans will be provided.

• Around 38 lakh farmers across the state are expected to benefit from this scheme.

• ₹1,255 crore allocated for infrastructure development across five corporations under the Greater Bengaluru Authority (GBA).

• ₹1,700 crore sanctioned for 158 km of white-topping works.

• ₹1,936 crore set aside for development of major and sub-major roads.

• ₹450 crore announced to upgrade the Outer Ring Road stretch from Silk Board Junction to KR Puram Metro Station.

• ₹273 crore allocated to upgrade and improve the city’s Rajakaluves (stormwater drains).

• 175 junctions to be beautified across the city.

• Construction of 100 skywalks planned to improve pedestrian movement.

• 500 km of footpaths to be upgraded.

• A new revised Master Plan for Bengaluru will be implemented by the end of 2027.

• 41 km of additional Metro lines to be taken up during the 2026-27 financial year.

Presenting the 2026-27 State Budget, Chief Minister Siddaramaiah outlined the major revenue sources expected for the state government.

Estimated Revenue Sources:

• Commercial Taxes: ₹1,25,000 crore

• State Excise: ₹45,000 crore

• Registration & Stamps: ₹29,000 crore

• Motor Vehicle Tax: ₹15,500 crore

• Other Sources: ₹5,500 crore 

While presenting the 2026–27 State Budget, Chief Minister Siddaramaiah stated that Karnataka’s total outstanding debt currently stands at ₹8,24,389 crore.

The CM also said the government expects around ₹11,000 crore in revenue from the mining sector, indicating a significant contribution from mining-related fees and royalties to the state’s finances. 

Presenting the 2026–27 Budget, Chief Minister Siddaramaiah announced key urban development projects for Bengaluru.

• ₹450 crore allocated for the Outer Ring Road (ORR) development from Silk Board Junction to KR Puram Metro Station.

• ₹273 crore earmarked to upgrade and modernise Rajakaluves (stormwater drains).

• 175 junctions in the city will undergo beautification.

• Construction of 100 skywalks planned to improve pedestrian safety.

• 500 km of footpaths to be upgraded and modernised across the city. 

Presenting the 2026-27 Budget in the Assembly, Chief Minister Siddaramaiah announced major allocations for urban infrastructure development, particularly in Bengaluru.

Under the Greater Bengaluru Authority (GBA) framework, ₹1,255 crore has been allocated for infrastructure development across the five city corporations.

The government has also announced ₹1,700 crore for white-topping 158 kilometres of roads, aimed at improving road durability and reducing pothole issues.

In addition, ₹1,936 crore has been earmarked for the development of major and sub-arterial roads, a move intended to strengthen Bengaluru’s road network and ease traffic movement across key corridors. 

In the 2026-27 Budget presented by Chief Minister Siddaramaiah, the state government has placed strong emphasis on comprehensive healthcare, prosperity-linked health programmes, and rural development.

The CM announced that the government will borrow ₹1.26 lakh crore to meet various expenditure commitments. The Budget also projects a revenue deficit of ₹27,957 crore.

Meanwhile, the government has initiated the process to fill over 56,000 vacant posts across departments, aiming to strengthen public services. In addition, ₹1,500 crore has been earmarked for infrastructure development to improve basic facilities across the state. 

Chief Minister Siddaramaiah has announced that the total outlay of the Karnataka Budget 2026-27 is ₹4,48,004 crore, making it one of the largest budgets presented in the state so far.

Chief Minister Siddaramaiah has begun presenting the Karnataka State Budget 2026-27 in the Assembly. This marks his record 17th state Budget, the highest by any finance minister in the state’s history.

The cabinet meeting chaired by Chief Minister Siddaramaiah at Vidhana Soudha has concluded, with the cabinet granting approval for the Karnataka Budget 2026-27 ahead of its presentation in the Assembly.

As the Karnataka Budget 2026-27 is being presented by Chief Minister Siddaramaiah, Bengaluru is expected to receive a major allocation of nearly ₹10,000 crore for development projects. The focus is likely to be on easing the city’s growing traffic crisis and strengthening urban infrastructure.

Key proposals under consideration include metro expansion, development of new double-decker corridors, improvement of public transport systems, and establishment of new IT corridors. The government is also expected to allocate more funds for repairing potholes, road white-topping, and overall road development across the city.

Another major expectation is the announcement of the Cauvery Phase 6 drinking water project, which could further strengthen Bengaluru’s water supply system. Authorities are also likely to emphasise better public transport connectivity to reduce dependence on private vehicles.

With Bengaluru frequently facing flooding during the monsoon, a special package to tackle rain-related disruptions and improve stormwater infrastructure is also anticipated. In addition, the government may prioritise the implementation of the already announced ‘Bhu Guarantee’ scheme.

The health sector in Bengaluru could also receive a special allocation, while the revival and rejuvenation of the city’s lakes may be supported with a dedicated package.

Meanwhile, under the proposed Greater Bengaluru Authority (GBA) framework, five city corporations have already submitted requests seeking separate financial allocations for their development works. The demand details submitted by the corporations are as follows:

•    East City Corporation: ₹1,685 crore
•    West City Corporation: ₹1,725 crore
•    North City Corporation: ₹1,205 crore
•    South City Corporation: ₹1,675 crore
•    Central City Corporation: ₹2,047 crore

These proposals were discussed in meetings chaired by Dr. C. Narayanaswamy, Chairman of the 5th State Finance Commission, who held separate consultations with commissioners of all five corporations. During these discussions, the corporations submitted detailed proposals seeking dedicated allocations.

Officials estimate that the combined revenue of the five corporations could reach around ₹5,850 crore, out of which nearly ₹4,500 crore would come through tax collections. Additional revenue is expected from building plan approvals, road-cutting permissions, and advertisement sources.

However, the total expenditure required to manage the five corporations is estimated to be around ₹6,000 crore. This includes salaries, pensions, provident fund payments for officials and staff, and wages for civic workers.

Apart from administrative costs, funds are required for maintaining and developing 1,980 km of arterial and sub-arterial roads, 13,400 km of ward-level roads, and 842 km of stormwater drains (rajakaluves).

The corporations are also responsible for managing 183 lakes, 26 maternity hospitals, 6 referral hospitals, and 144 primary health centres, along with urban forestry initiatives.

Additional civic responsibilities include tree removal operations, maintenance of animal husbandry facilities, sterilisation programmes for street dogs, and running Indira Canteens across the city.

A cabinet meeting chaired by Chief Minister Siddaramaiah has begun at Vidhana Soudha. The cabinet is expected to approve the Karnataka Budget 2026-27 before it is presented in the Assembly shortly.

In a first-of-its-kind initiative, the Karnataka government will live telecast Chief Minister Siddaramaiah’s Budget presentation across 230 bus stands in the state. This move will make the budget accessible to a wider public, allowing commuters and citizens to follow the proceedings in real time.

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https://newsfirstprime.com/karnataka/karnataka-budget-2026-27-can-cm-siddaramaiah-balance-guarantee-schemes-and-development-spending-11179467