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Karnataka Budget 2024: CM Siddaramaiah finishes more than 3-hour long speech

Karnataka Budget 2024: CM Siddaramaiah finished his budget speech that last a little over three hours.
Karnataka Chief Minister Siddaramaiah presents the State Budget 2024-25 in the Assembly in Bengaluru on Friday.
Karnataka Chief Minister Siddaramaiah presents the State Budget 2024-25 in the Assembly in Bengaluru on Friday.

Karnataka Budget 2024: Karnataka CM Siddaramaiah finished his 15th budget presentation in a little more than three hours on Friday. He began the speech by quoting influences from the state, quoting a song from Dr Rajkumar's film Bangarada Manushya and also a Vachana by Lingayat philosopher Aydakki Lakkamma. The Karnataka Budget announcement began at 10:15am this morning and ended at around 1:30pm. The budget outlay stands at 3.71 lakh crore this year....Read More

ALSO READ | Karnataka budget today, major allocation likely for agriculture sector

This budget announcement also comes months ahead of the crucial and much-anticipated Lok Sabha election later this year. CM Siddaramaiah announced major allocations to minority, women and child welfare, as well as Bengaluru development - both infrastructure and traffic control - and the five main poll guarantees of the Congress party, among others.

Follow all the updates here:
Feb 16, 2024 2:05 PM IST

CM Siddaramaiah finishes budget speech in little more than three hours

Karnataka CM Siddaramaiah finished his 15th budget presentation in a little more than three hours on Friday with “Jai Hind, Jai Karnataka”.

Feb 16, 2024 1:46 PM IST

7 sewage treatment plants to be upgraded at ₹441 crore

Further in terms of drinking water supply, CM Siddaramaiah said seven sewage treatment plants (STP) will be upgraded at a cost of 441 crore, and that the phase-II of drinking water supply scheme to 110 villages added to BBMP limits will be implemented at a cost of 200 crore.

Feb 16, 2024 1:38 PM IST

Govt allots ₹5,550 crore for Cauvery phase-5 project to supply drinking water

In May, 2024, Bengaluru Water Supply and Sewerage Board will operationalize Cauvery Phase-5 project of 775 MLD capacity to provide 110 litres of drinking water daily to 12 lakh people, at an estimated cost of Rs. 5,550 crore, the budget document stated.

Feb 16, 2024 1:12 PM IST

Traffic Signal Control System to be installed at 28 major junctions in Bengaluru

In collaboration with the Japan Government, Area Traffic Signal Control System will be installed at 28 major junctions in the Bengaluru city by using state-of-the-art technology thereby reducing vehicle density at traffic signals by 30% and average delay by 13%, the budget statement said.

Feb 16, 2024 1:01 PM IST

CM announces ₹15,611 crore for Namma Metro phase-3

In a bid to promote public transport in the heavily congested city of Bengaluru, CM Siddaramaiah announced the following measures:

  1. The State Government has accorded administrative approval for works under Namma Metro Phase-3 at an estimated cost of 15,611 crore. Approval of the Central Government is awaited.
  2. As many as 1,334 new electric buses and 820 diesel buses will be added to the Bengaluru Metropolitan Transport Corporation's (BMTC) fleet in the coming days.
Feb 16, 2024 12:50 PM IST

Bengaluru infra works: Skydeck, Namma Metro get boost

“Internationally renowned architects have been invited to prepare a novel design for constructing a 250 meters high Skydeck in Bengaluru. It will become a landmark tourist destination in the city,” The budget document stated.

The CM also announced that an additional 44 km of metro line will be added to the existing 74 km by March 2025. “Namma Metro Rail project which is the one among the best metro services in the country, is the lifeline of Bengaluru city’s transport system. Every day, more than eight lakh people use metro services,” He said.

Feb 16, 2024 12:41 PM IST

All-weather roads, Peripheral Ring Road project at ₹27,000 crore: Here's what's in store for Bengaluru this year

The government will also be constructing all-weather roads in Bengaluru by utilising space available within the canal buffer zone. “Under this scheme, a 100 km road is already being developed at the cost of 200 crore. Additional 100 km roads will be developed during this year,” CM Siddaramaiah said.

Under the Peripheral Ring Road (PRR) project, the government is planning to construct a 73-km road at a cost of 27,000 crore under the PPP model. The project will begin within the year, the budget document stated.

Feb 16, 2024 12:24 PM IST

Siddaramaiah closes in on ‘Brand Bengaluru’, says focus is on reducing traffic

“Brand Bengaluru”: The Siddaramaiah-led government is focusing on reducing traffic congestion, construction of quality roads, supply of clean drinking water, and better public transport to create a clean and beautiful Bengaluru this year.

Here are the main measures being taken up:

  1. White-topping of major roads of 147 km length at a cost of 1,700 crore to be completed before December 2025.
  2. Construction of underground tunnels on a pilot basis at the infamous Hebbal junction where there is high traffic congestion.
  3. It is proposed to reposition the Peripheral Ring Road (PRR) as Bengaluru Business Corridor to address traffic congestion and to promote large scale economic activities.
Feb 16, 2024 12:17 PM IST

₹5,000 crore set aside for development of Kalyana Karnataka region

It is proposed to implement schemes to the tune of 5,000 crore under Kalyana Karnataka Region Development Board to emphasise on infrastructure development during the year 2024-25.

Feb 16, 2024 12:13 PM IST

Pilgrimage destinations to be developed; Christians get highest allocation of ₹200 crore

  1. 20 crore will be provided to provide basic facilities at major pilgrimage destinations in the state.
  2. Construction work of Mangaluru Haj Bhavan will be undertaken at a cost of 10 crore.
  3. A provision of 50 crore will be made for the development of major pilgrimage destinations of Jains.
  4. 200 crore will be provided for the development of Christian community.
  5. Tripitakas, the sacred texts of Buddhist community, will be translated into Kannada.
  6. 2 crore will be provided for the formulation of targeted schemes aimed at financial empowerment of Sikligar community.
  7. Shri Nanak Jhira Saheb Gurudwara in Bidar will be given a development grant of 1 crore.
Feb 16, 2024 12:09 PM IST

₹100 crore allocation to develop Wakf properties across the state

“An allocation of Rs. 100 crore will be made for development of wakf properties. There will be a special focus on protection and conservation of protected monuments which are maintained by the ASI,” The budget document stated.

Feb 16, 2024 12:08 PM IST

Education for the minorities: A closer look

  1. 50 Morarji Desai Residential Schools will be started with a capacity of 50 students each.
  2. 100 Post-matric boys/girls hostels will be started with a capacity of 100 students each.
  3. 100 new Maulana Azad Schools will be opened.
Feb 16, 2024 12:05 PM IST

Seven new taluk hospitals to be constructed at ₹280 crore

Anekal, Nelamangala, Hoskote, Shringeri, Khanapura, Shirahatti and Yelandur are set to get 100-bedded taluk hospitals at a cost of 280 crore.

Feb 16, 2024 11:58 AM IST

Siddaramaiah aims to attract ‘global talent’ in AI, semiconductors, robotics & automobile sectors

“Bengaluru will be transformed into a truly global city with world-class infrastructure. We will work to attract global corporate talent in the emerging areas within the IT and BT sector, Artificial Intelligence and Robotics, Semi-Conductors, Automobiles and other sunrise sectors. In this field, we will lead the country by example. This is our Kayaka,” CM Siddaramaiah said.

Feb 16, 2024 11:52 AM IST

CM Siddaramaiah leans toward increasing class strength in govt schools

In the realm of education, CM Siddaramaiah said Class 6 will be started in all schools functioning from 1st to 5th standard, and Class 8 will be started in all schools functioning from 1st to 7th standard. The strength of students in each class will be increased from 25 to 40, he added.

Feb 16, 2024 11:50 AM IST

Siddaramaiah presents revenue deficit budget, defends it by saying…

“Though I have presented a revenue deficit budget, I have increased allocation for welfare programmes to 1,20,373 crore,” Karnataka CM Siddaramaiah said on Friday.

Meanwhile, BJP MLAs held a protest at the Vidhana Soudha over the Karnataka budget. Leaders from the saffron party staged a walk out from the state Assembly during the budget presentation.

Feb 16, 2024 11:47 AM IST

Bengaluru to get destitute shelter at ₹10 crore, Mother and Child Hospital at ₹150 crore

A Nirashritara Parihara Kendra (Destitute Shelter) will be set up in East Bengaluru in view of the rapid growth of the city and rising number of destitutes. This will be constructed at a cost of 10 crore and have a capacity of 500 persons, the budget statement read.

A Mother and Child Hospital building and other infrastructure facilities at the premises of K.C. General Hospital in Bengaluru will be taken up at a cost of 150 crore, it added.

Feb 16, 2024 11:42 AM IST

₹2,710 crore for construction of SC/ST, Backward classes school and hostels

“For construction of Scheduled Caste, Scheduled Tribe, Backward Classes and Minority Residential Schools and Hostels, a total of Rs. 2,710 crore has been provided. A total of 29 residential school complexes belonging to various departments will be constructed at an estimated cost of 638 crore,” CM Siddaramaiah further announced.

Feb 16, 2024 11:33 AM IST

Siddaramaiah allots ₹39,121 crore for welfare of SC/ST community

CM Siddaramaiah also pushed for welfare of the SC/ST community by allotting 27,674 crore for the Scheduled Caste Sub-Plan in 2024-25 and 11,447 crores for the Scheduled Tribe sub-project, mking up a total of 39,121 crore.

Feb 16, 2024 11:18 AM IST

Women & child welfare gets huge allocations at ₹86,423 crore, ₹54,617 crore respectively

The Siddaramaiah-led government in Karnataka has decided to allot large chunks of this year's budget to the welfare of women and children, at 86,423 crore and 54,617 crore, respectively.

Feb 16, 2024 11:12 AM IST

Minorities in focus: Here are the main allocations for specially-abled persons, gender minorities, devadasis

  1. Two-wheelers will be distributed in 2024-25 to 1,500 special persons who are yet to be provided motorized two-wheelers.
  2. In order to improve the lives of gender minorities, the massage provided under the Maithi Yojana will be increased from 800 to 1,200. The process of identification and issuance of IDs will also be simplified.
  3. Various programs will be implemented for the welfare of ex-devadasis, with the current monthly fixed payment to be increased from 1500 to 2000.
Feb 16, 2024 11:09 AM IST

CM Siddaramaiah vows to develop the Anganwadi scene, pledges ₹300 crore

Anganwadi centres are set to be developed this year. Here are the measures announced by CM Siddaramaiah for the cause:

  1. 10 crore for organizing training workshops for 20,000 Anganwadi workers and helpers for capacity building in early childhood education and care.
  2. 90 crores to facilitate activities carried out through Anganwadi. As mnay as 75,938 smart phones will be provided to Anganwadi workers and supervisors at the cost.
  3. 200 crore to be provided to construct buildings to carry out Anganwadi activities as 1,000 Anganwadis are currently functioning in rented buildings.
  4. Gratuity benefits will be given to Anganwadi workers and helpers.
Feb 16, 2024 11:03 AM IST

₹28,608 crore for Gruha Lakshmi scheme

On the Congress government's Gruha Lakshmi scheme, which is part of the party's five main poll promises, CM Siddaramaiah said, “1.33 crore women are being benefited. Till the end of January, 1.17 crore women have registered under the scheme and so far 11,726 crore has been directly transferred to the accounts of the beneficiaries. 28,608 crore in the year 2024-25 will be provided. This leads to family maintenance as well as income generation.”

Feb 16, 2024 10:57 AM IST

₹2,000 crore allotted for development of canals in Varuna constituency

2,000 crore has been allotted for the development of canals in Varuna assembly constituency, namely, for the Gubbia Mathadahalli drinking water project and the Arkavati River Front Development projects near Ramanagara.

The Karnataka government has further allocated 365 crore to fill water from Bhima and Kagina rivers to the Benne Thora Reservoir for drinking water supply to Kalaburagi city.

Feb 16, 2024 10:53 AM IST

‘ ₹970 crore for drinking water, Antar Jal development’: CM Siddaramaiah

CM Siddaramaiah announced allocations to develop water resources in the state, saying, “The project of filling 38 lakes of Yalaburga-Kukanur taluk of Koppal district for drinking water and Antar Jal development has been budgeted at a cost of 970 crore in the current year. 990 crore from Narayanpura canal to Pamanakallur and other areas of Maski taluk of Raichur district. A project to provide irrigation facilities will be taken up in the sum.”

Feb 16, 2024 10:47 AM IST

‘ ₹100 crore to develop tourism near Anjanadri Hills’: CM Siddaramaiah

"Tourism policy will be revised for 2024-29 to attract more tourists and investors to make full use of the tourism potential of the State. Anjanadri Hills and surrounding areas of Koppal district hold mythological and historical importance, 100 crore will be provided to develop tourism in these areas," Karnataka CM SIddaramaiah said. (ANI)

Feb 16, 2024 10:46 AM IST

CM Siddaramaiah attacks Centre in Budget speech, causes uproar in the House

CM Siddaramaiah attacked the Centre in his budget speech by saying, "While introducing Goods and Services Tax, Union Government had assured that there would be growth of 14% and states would be compensated in case of shortage in revenue growth. At a projected growth rate of 14%, it was estimated that the GST tax collection would be Rs. 4,92,296 crore from 2017 to 2023-24. However, only 3,26,764 crore GST revenue was collected and against the GST shortfall of Rs. 1,65,532 crore, the Central Government had released 1,06,258 crore as compensation to the state. Hence, a loss of 59,274 crore was incurred by the state due to unscientific implementation of GST in the last 7 years." (ANI)

Feb 16, 2024 10:42 AM IST

CM Siddaramaiah continues budget speech amid BJP uproar, slogans in the house

The opposition BJP in the house on Friday opposed Karnataka CM Siddaramaiah's budget speech for accusing the Centre of denying the state government's request for funds repeatedly. BJP Legislative party leader R Ashoka and other BJP lawmakers expressed disapproval at the CM amid his speech. Siddaramaiah however continued to present the budget amid BJP uproar in the house.

Feb 16, 2024 10:38 AM IST

50 women-run cafes across the state at ₹7.5 crore: CM Siddaramaiah

Karnataka CM and Finance Minister Siddaramaiah said, "50 women-run cafes with the name of Cafe Sanjeevini will be launched across the state during this year for 7.50 crore. These canteens will cater to the demand and supply gap in rural areas for healthy, hygienic and affordable cooked food and traditional local cuisine." (ANI)

Feb 16, 2024 10:34 AM IST

Budget size stands at ₹3.71 lakh crore this year

“I am happy to present the budget when India is celebrating 75th Independence Day. All five guarantees have started and reched the beneficiaries. More super speciality hospitals will be built in the next five years,” CM SIddaramaiah said. This year's budget size stands at 3,71,383 crore.

Feb 16, 2024 10:30 AM IST

CM Siddaramaiah quotes vachana by Linagayat philosopher Aydakki Lakkamma

CM Siddaramaiah on Friday started off his 15th Budget speech by hitting out at the Centre for criticising his government's guarantees and quoted a vachana by female Sharana Aydakki Lakkamma. "I have faith on guarantee schemes. We have done what centre has failed to do," He said.

Feb 16, 2024 10:24 AM IST

‘Aagadu Endhu, Kailagadhu Endhu’: CM Siddaramaiah begins Budget speech with Dr Rajkumar's film song

Karnataka CM Siddaramaiah starts his 15th Budget speech with quoting the famous "Aagadu Endu, Kailagadu Endu" song from late Dr Rajkumar's Bangarada Manushya movie.

Feb 16, 2024 10:12 AM IST

₹58,000 crore allocation expected for Cong's five guarantees

Among other expectations, CM Siddaramaiah is likely to allot funds in support for the Banjara, Valmiki, Bhovi, Madiga and other backward communities. As much as 58,000 crore is set to be kept aside to fulfil the Congress party's five main guarantees - Gruha Lakshmi, Gruha Jyoti, Anna Bhagya, Yuva Nidhi, Shakti schemes.

Feb 16, 2024 10:09 AM IST

Funds for Rama mandira, new districts, backward communities likely

Ahead of CM Siddaramaiah's budget announcement, here are some last minute expectations:

  1. Government servants are likely to get 7th pay commission pay scale and other benefits.
  2. Chikkodi, Gokak and Madhugiri could be made into new districts.
  3. Support to women and minority communities expected.
  4. 100 crore for Ramamandira
  5. Either Bengaluru or Kalaburgi to get Vachana Mantapa or Vachana Vishwavidyalaya (Vachana University)
Feb 16, 2024 10:05 AM IST

This time also our slogan is ‘An Equal Life for All, An Equal Share for All’: K'taka Cong working prez Saleem Ahmed

On the upcoming Karnataka Budget 2024, state Congress working president Saleem Ahmed said, "We expect a good budget from the government...this time also our slogan is ‘Sarvarigu Samapalu, Sarvarigu Samabalu’ (An Equal Life for All, An Equal Share for All)". (ANI)

Feb 16, 2024 9:57 AM IST

Siddaramaiah arrives at Vidhana Soudha, to surpass his own record of presenting highest number of budgets

CM Siddaramaiah arrived at Bengaluru's Vidhana Soudha and is set to begin his budget speech shortly. He is all set to surpass his own record of presenting the highest number of budgets by any finance minister in the country. Moraji Desai had presented 10 as a Union Finance Minister, and Chidambaram had presented nine budgets.

Feb 16, 2024 9:53 AM IST

Karnataka budget 2024: Here are five main expectations

  1. The state government is likely to increase excise duty on liquor and the price hike on tobacco products.
  2. Funds are expected to be allocated to the Namma Metro as well as the Peripheral Ring Road (PRR) projects to ease traffic bottlenecks in Bengaluru city.
  3. The government may also take up legalising of property papers. No loan waivers are expected as of now.
  4. ‘Brand Bengaluru’, Mekedatu reservoir project to get boost.
  5. Huge allocation of funds to the agricultural sector. Governemnt is also expected to provide drought relief to farmers.

Feb 16, 2024 9:44 AM IST

Huge allocation expected for infra projects, Bengaluru development

Bengaluru is also expected to be allotted a good amount by the state government as many infrastructure projects are going on and a few new ones have also been announced. The state government is taking pride in projects like Namma Metro and Peripheral Ring Road which could potentially be solutions to Bengaluru’s longstanding traffic problems.

Feb 16, 2024 9:38 AM IST

Priyank Kharge pushes for ‘Vachana Mantapa’ ahead of state budget

Ahead of the Karnataka budget 2024, state IT/BT and RDPR minister Priyank Kharge sought for the establishment of a ‘Sharana Vachana Mantapa’, a library solely dedicated to the vachanas of social reformer and philosopher Basavanna and all the Sharanas, according to News 18.

Feb 16, 2024 9:31 AM IST

CM Siddaramaiah leaves for assembly to present Karnataka Budget 2024

Feb 16, 2024 9:28 AM IST

CM Siddaramaiah prepares for his 15th budget announcement | Pics

Dr K Govindaraj, the political secretary to the CM, took to social media on Thursday night and said, “Ahead of Karnataka Budget 2024, CM Siddaramaiah prepares for his 15th budget speech. The state of Karnataka eagerly awaits for the budget from its beloved Chief Minister!”

Feb 16, 2024 9:15 AM IST

‘This budget will be very hopeful’: Karnataka DCM DK Shivakumar

Karnataka Deputy CM DK Shivakumar spoke on the budget announcement expected today and said, “The budget will give a new direction to our state towards development. We have undertaken many visionary programs. Tomorrow, CM will present the budget at 9.15 am, this budget will be very hopeful.” (ANI)

Feb 16, 2024 8:55 AM IST

Karnataka Budget 2024 to be announced today: What can we expect?

In the absence of normal rain conditions across the state last year, Karnataka is grappling with severe drought conditions. In this light, a substantial allocation to the agricultural sector is anticipated. CM Siddaramaiah had earlier also requested Prime Minister Narendra Modi to release relief funds from the central government. Read more here

Feb 16, 2024 10:47 AM IST

‘ ₹100 crore to develop tourism near Anjanadri Hills’: CM Siddaramaiah

"Tourism policy will be revised for 2024-29 to attract more tourists and investors to make full use of the tourism potential of the State. Anjanadri Hills and surrounding areas of Koppal district hold mythological and historical importance, 100 crore will be provided to develop tourism in these areas," Karnataka CM SIddaramaiah said. (ANI)

Feb 16, 2024 10:46 AM IST

CM Siddaramaiah attacks Centre in Budget speech, causes uproar in the House

CM Siddaramaiah attacked the Centre in his budget speech by saying, "While introducing Goods and Services Tax, Union Government had assured that there would be growth of 14% and states would be compensated in case of shortage in revenue growth. At a projected growth rate of 14%, it was estimated that the GST tax collection would be Rs. 4,92,296 crore from 2017 to 2023-24. However, only 3,26,764 crore GST revenue was collected and against the GST shortfall of Rs. 1,65,532 crore, the Central Government had released 1,06,258 crore as compensation to the state. Hence, a loss of 59,274 crore was incurred by the state due to unscientific implementation of GST in the last 7 years." (ANI)

Feb 16, 2024 10:42 AM IST

CM Siddaramaiah continues budget speech amid BJP uproar, slogans in the house

The opposition BJP in the house on Friday opposed Karnataka CM Siddaramaiah's budget speech for accusing the Centre of denying the state government's request for funds repeatedly. BJP Legislative party leader R Ashoka and other BJP lawmakers expressed disapproval at the CM amid his speech. Siddaramaiah however continued to present the budget amid BJP uproar in the house.

Feb 16, 2024 10:38 AM IST

50 women-run cafes across the state at ₹7.5 crore: CM Siddaramaiah

Karnataka CM and Finance Minister Siddaramaiah said, "50 women-run cafes with the name of Cafe Sanjeevini will be launched across the state during this year for 7.50 crore. These canteens will cater to the demand and supply gap in rural areas for healthy, hygienic and affordable cooked food and traditional local cuisine." (ANI)

Feb 16, 2024 10:34 AM IST

Budget size stands at ₹3.71 lakh crore this year

“I am happy to present the budget when India is celebrating 75th Independence Day. All five guarantees have started and reched the beneficiaries. More super speciality hospitals will be built in the next five years,” CM SIddaramaiah said. This year's budget size stands at 3,71,383 crore.

Feb 16, 2024 10:30 AM IST

CM Siddaramaiah quotes vachana by Linagayat philosopher Aydakki Lakkamma

CM Siddaramaiah on Friday started off his 15th Budget speech by hitting out at the Centre for criticising his government's guarantees and quoted a vachana by female Sharana Aydakki Lakkamma. "I have faith on guarantee schemes. We have done what centre has failed to do," He said.

Feb 16, 2024 10:24 AM IST

‘Aagadu Endhu, Kailagadhu Endhu’: CM Siddaramaiah begins Budget speech with Dr Rajkumar's film song

Karnataka CM Siddaramaiah starts his 15th Budget speech with quoting the famous "Aagadu Endu, Kailagadu Endu" song from late Dr Rajkumar's Bangarada Manushya movie.

Feb 16, 2024 10:12 AM IST

₹58,000 crore allocation expected for Cong's five guarantees

Among other expectations, CM Siddaramaiah is likely to allot funds in support for the Banjara, Valmiki, Bhovi, Madiga and other backward communities. As much as 58,000 crore is set to be kept aside to fulfil the Congress party's five main guarantees - Gruha Lakshmi, Gruha Jyoti, Anna Bhagya, Yuva Nidhi, Shakti schemes.

Feb 16, 2024 10:09 AM IST

Funds for Rama mandira, new districts, backward communities likely

Ahead of CM Siddaramaiah's budget announcement, here are some last minute expectations:

  1. Government servants are likely to get 7th pay commission pay scale and other benefits.
  2. Chikkodi, Gokak and Madhugiri could be made into new districts.
  3. Support to women and minority communities expected.
  4. 100 crore for Ramamandira
  5. Either Bengaluru or Kalaburgi to get Vachana Mantapa or Vachana Vishwavidyalaya (Vachana University)
Feb 16, 2024 10:05 AM IST

This time also our slogan is ‘An Equal Life for All, An Equal Share for All’: K'taka Cong working prez Saleem Ahmed

On the upcoming Karnataka Budget 2024, state Congress working president Saleem Ahmed said, "We expect a good budget from the government...this time also our slogan is ‘Sarvarigu Samapalu, Sarvarigu Samabalu’ (An Equal Life for All, An Equal Share for All)". (ANI)

Feb 16, 2024 9:57 AM IST

Siddaramaiah arrives at Vidhana Soudha, to surpass his own record of presenting highest number of budgets

CM Siddaramaiah arrived at Bengaluru's Vidhana Soudha and is set to begin his budget speech shortly. He is all set to surpass his own record of presenting the highest number of budgets by any finance minister in the country. Moraji Desai had presented 10 as a Union Finance Minister, and Chidambaram had presented nine budgets.

Feb 16, 2024 9:53 AM IST

Karnataka budget 2024: Here are five main expectations

  1. The state government is likely to increase excise duty on liquor and the price hike on tobacco products.
  2. Funds are expected to be allocated to the Namma Metro as well as the Peripheral Ring Road (PRR) projects to ease traffic bottlenecks in Bengaluru city.
  3. The government may also take up legalising of property papers. No loan waivers are expected as of now.
  4. ‘Brand Bengaluru’, Mekedatu reservoir project to get boost.
  5. Huge allocation of funds to the agricultural sector. Governemnt is also expected to provide drought relief to farmers.

Feb 16, 2024 9:44 AM IST

Huge allocation expected for infra projects, Bengaluru development

Bengaluru is also expected to be allotted a good amount by the state government as many infrastructure projects are going on and a few new ones have also been announced. The state government is taking pride in projects like Namma Metro and Peripheral Ring Road which could potentially be solutions to Bengaluru’s longstanding traffic problems.

Feb 16, 2024 9:38 AM IST

Priyank Kharge pushes for ‘Vachana Mantapa’ ahead of state budget

Ahead of the Karnataka budget 2024, state IT/BT and RDPR minister Priyank Kharge sought for the establishment of a ‘Sharana Vachana Mantapa’, a library solely dedicated to the vachanas of social reformer and philosopher Basavanna and all the Sharanas, according to News 18.

Feb 16, 2024 9:31 AM IST

CM Siddaramaiah leaves for assembly to present Karnataka Budget 2024

Feb 16, 2024 9:28 AM IST

CM Siddaramaiah prepares for his 15th budget announcement | Pics

Dr K Govindaraj, the political secretary to the CM, took to social media on Thursday night and said, “Ahead of Karnataka Budget 2024, CM Siddaramaiah prepares for his 15th budget speech. The state of Karnataka eagerly awaits for the budget from its beloved Chief Minister!”

Feb 16, 2024 9:15 AM IST

‘This budget will be very hopeful’: Karnataka DCM DK Shivakumar

Karnataka Deputy CM DK Shivakumar spoke on the budget announcement expected today and said, “The budget will give a new direction to our state towards development. We have undertaken many visionary programs. Tomorrow, CM will present the budget at 9.15 am, this budget will be very hopeful.” (ANI)

Feb 16, 2024 8:55 AM IST

Karnataka Budget 2024 to be announced today: What can we expect?

In the absence of normal rain conditions across the state last year, Karnataka is grappling with severe drought conditions. In this light, a substantial allocation to the agricultural sector is anticipated. CM Siddaramaiah had earlier also requested Prime Minister Narendra Modi to release relief funds from the central government. Read more here

News cities bengaluru news Karnataka Budget 2024: CM Siddaramaiah finishes more than 3-hour long speech