The Latest Breaking News from Budget

The share of capital expenditure to the total outlay of the Budget Chief Minister Siddaramaiah presented on Friday has come down to 15% from 16.5% in the Budget he presented in July 2023. Before that, in the Budget presented by Basavaraj Bommai in February 2023, just before the Assembly polls,…

The Mysuru City Corporation (MCC) Budget for 2024-25, presented by the civic body’s administrative officer G.C. Prakash, envisages a slew of projects for the development of the city, including augmenting water supply and a construction and demolition waste recycling plant, apart from the introduction of the pay-and-park system.

Internal tensions within the Congress party came to the surface after the Cabinet expansion of the Champai Soren government when legislators threatened to boycott the upcoming Budget sessions.

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.

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

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

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. 

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 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…

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

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.