Karnataka Chief Minister Siddaramaiah proposed his 16th budget on Friday. The full amount allocated to Karnataka Budget 2025-2026 is Rs 4095 crore.
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The Karnataka Budget budget allocates Rs 51,034 crore for the five guarantee schemes promised by the Congress government. Here are the key points of Karnataka Budget 2025–2026:
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Karnataka Budget 2025: Key Announcements
Capital Investment
- Rs 820,000 crore has been allocated to capital expenditures.
- Karnataka is the highest-ranking state in capital investment.
GST and income: Alcohol prices can be reviewed and increased to match neighboring states.
Retention and Benefits: 4% of Muslim bookings were introduced in government contracts and tenders.
Community Development
- Rs 10 billion have been allocated to the development of Jana, Buddhist and Sikh communities.
- Rs 250 crore is put on hold for the development of the Christian community.
- The Sannati Development Authority will be established in Chittapura, Kalaburgi, as the historic Sannati Buddhist Center.
Religion and Community Welfare
- Temple Priests’ annual salary increased from Rs 60,000 to Rs 72,000.
- Jana priests, chief Grantis (Sikh leader) and Pesh-Imams (Muslim leader) increased to Rs 6,000 per month.
- Grantis Assistant and Muezzins will now receive Rs 5,000 per month.
- A new building will be built in Haj Bhavan, Bangalore for use in Haj Pilgrims and their families.
Media and Language Development: Karnataka will launch its own OTT platform to promote Kannada language programs.
Women and children’s welfare
- Rs 94,084 crore has been used for women-centric programs.
- Rs 620,33 crore reserves a child-centric scheme.
- National scholarships for foreign students increased from Rs 20 lakh to Rs 30 lakh.
Ethnic welfare and infrastructure
- Youths of ethnic minority groups will be supported to start new businesses through Karnataka Minority Development Corporation.
- Rs 150 crore has been allocated to repair and renovate WAQF property, improve infrastructure and protect Muslim burial sites.
Entertainment and Public Welfare: Ticket prices for all theaters, including multiple theaters, will be limited to Rs 200 per show.
Media and journalists support
- The monthly pension for troubled journalists increased from Rs 12,000 to Rs 15,000.
- The family pension has been increased from Rs 6,000 to Rs 7,500.
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Karnataka Budget 2024: The main announcements of Bangalore
Infrastructure and urban development
- Rs 70 billion have been allocated for the overall development of Bangalore.
- Rs 18 billion were reserved for 21 projects under the Bangalore brand initiative.
Transportation and transportation improvements
- The 40.5 km double-decker overpass and the construction of Namma Metro Phase 3 Rs 3 crore to reduce traffic congestion.
- A new 300km road will be developed for Rs 300 crore using the canal buffer to improve connectivity.
Metro and public transport: Bangalore metro network will be expanded to 98.60 km, improving connectivity, including to Devanahalli.
Urban Planning and Infrastructure: A new satellite market will be established in the outskirts of Bangalore to ease congestion in the urban market.
Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion