Karnataka Budget 2025 LIVE Updates: Siddaramaiah Presents His Record 16th Budget

By Oneindia Staff

Updated: Friday, March 7, 2025, 17:13 [IST]

Karnataka Chief Minister Siddaramaiah, who also holds the finance portfolio, will present the state budget for the year 2025-26 on March 7. This will be the 16th budget to be presented by him.

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.

LIVE Updates

Mar 07, 2025, 5:12 PM IST

This Live blog has ended.

Mar 07, 2025, 2:52 PM IST

Funding Allocation for Various Departments

The allocation of funds across different departments is detailed as follows: * Department of Education - ₹45,286 crore * Department of Women and Child Welfare - ₹34,955 crore * Department of Energy - ₹26,896 crore * Department of Rural Development - ₹26,735 crore * Urban Development, Housing Department - ₹21,405 crore * Home Administration and Transport Department - ₹20,625 crore * Health and Family Welfare Department - ₹17,473 crore * Revenue Department - ₹17,11 crore * Public Utilities Department - ₹11,841 crore * Food Department - ₹8,275 crore * Department of Agriculture and Horticulture - ₹7,145 crore * Animal Husbandry and Fisheries Department - ₹3,977 crore.

Mar 07, 2025, 2:01 PM IST

Chief Minister Siddaramaiah announced an allocation of ₹28,608 crore for the Grihalakshmi scheme in the state budget. Additionally, measures have been initiated to disburse ₹5,300 crore for the Shakti scheme and ₹10,100 crore for the Grihaljyoti scheme.

Mar 07, 2025, 1:50 PM IST

Today, Chief Minister Siddaramaiah unveiled the state budget for 2025, revealing an allocation of ₹51,300 crore for guarantee schemes.

Mar 07, 2025, 1:07 PM IST

In the Karnataka Budget 2025, the state government has allocated Rs 100 crore to supply ragi malt to school children six days a week. Additionally, there is positive news for guest lecturers as well.

Mar 07, 2025, 1:03 PM IST

An international job fair will be organised in Bengaluru through International Migration Centre to facilitate job opportunities in foreign countries

Mar 07, 2025, 12:27 PM IST

To facilitate smooth traffic for the public and to enhance basic infrastructure amongst the transport corporations, a new satellite bus stand will be constructed at K.R. Puram in Bengaluru East zone on public private partnership model.

Mar 07, 2025, 12:23 PM IST

Siddaramaiah addressed the topic of government employees during the budget announcement, revealing that in line with the 7th State Pay Commission's recommendations, the salaries, pensions, and certain allowances for state government employees will be adjusted and come into effect on 01.08.2024. He noted that this change will result in an additional annual expenditure of Rs 19,401 crore for the state.

Mar 07, 2025, 12:05 PM IST

Budgetary provisions have been made to support relief funds for 50,000 farmers in the state, marking a positive development for the agricultural community.

Mar 07, 2025, 11:47 AM IST

In his recent budget announcement, Chief Minister Siddaramaiah revealed plans to establish a NIMHANS unit in Mysuru, a multi-specialty hospital in Koppal, and a Kidwai unit in Raichur.

Mar 07, 2025, 11:29 AM IST

In the recent budget announcement, Chief Minister Siddaramaiah revealed plans to establish a NIMHANS facility in Mysuru, a multi-specialty hospital in Koppal, and a Kidwai unit in Raichur.

Mar 07, 2025, 11:24 AM IST

The Congress-led government in the state has designated financial resources in its budget to enhance security in Bengaluru. Recently, concerns have surfaced regarding the city's law and order situation. Consequently, the budget includes a significant overhaul for the police department.

Mar 07, 2025, 11:17 AM IST

Liquor Prices Set to Rise

In his budget address, Chief Minister Siddaramaiah established a revenue goal of ₹36,500 crore for the excise department. This initiative will result in higher alcohol prices across the state. The government has opted to adjust the excise slab, as announced during his speech.

Mar 07, 2025, 11:16 AM IST

Karnataka Declares Naxal-Free Status by Disbanding Anti-Naxal Force

In a recent budget announcement, Chief Minister Siddaramaiah has proclaimed Karnataka to be free of Naxal influence. He revealed a dedicated allocation of Rs 10 crore for the enhancement of infrastructure in regions previously affected by Naxal activities. Additionally, the Chief Minister confirmed the disbandment of the Anti-Naxal Force.

Mar 07, 2025, 11:08 AM IST

Beneficiaries of the Grihalakshmi scheme received positive news as Chief Minister Siddaramaiah revealed the formation of the Akka Co-operative Society in the recent budget. This new initiative will include those who benefit from the Grihalakshmi scheme.

Mar 07, 2025, 10:58 AM IST

In the budget for 2025-26, Chief Minister Siddaramaiah introduced 'Project Majestic' as part of the Public Private Partnership (PPP) initiative. This project will modernize the Kempegowda Bus Stand in Bengaluru City, transforming it into a fully technological hub.

Mar 07, 2025, 10:49 AM IST

In the recent budget announcement, Chief Minister Siddaramaiah revealed that ₹8,000 crore will be allocated for the development of roads, minor irrigation, and infrastructure across all assembly constituencies in Karnataka.

Mar 07, 2025, 10:47 AM IST

In the budget for 2025-26, Chief Minister Siddaramaiah declared standard ticket pricing for multiplex cinemas, setting the cost of a movie ticket at Rs. 200.

Mar 07, 2025, 10:46 AM IST

In the recent budget, Chief Minister Siddaramaiah declared that jobs and projects valued at up to Rs 2 crore will be allocated reserved quotas for the Scheduled Caste (SC) and Scheduled Tribe (ST) communities.

Mar 07, 2025, 10:41 AM IST

Karnataka has inaugurated 500 new public schools, as announced by Chief Minister Siddaramaiah during the state budget presentation. Additionally, he revealed plans to elevate 50 high schools and allocated ₹40,000 crore for the Bangalore Tunnel Road initiative.

Mar 07, 2025, 10:40 AM IST

In his budget presentation, Chief Minister Siddaramaiah declared a hike of Rs 2,000 per month in the honorarium for guest teachers at government high schools.

Mar 07, 2025, 10:37 AM IST

The recent budget announcement brings positive developments for school children, as it plans to provide eggs and bananas six days a week. Chief Minister Siddaramaiah revealed that Rs. 1,500 crore will be allocated for this initiative.

Mar 07, 2025, 10:34 AM IST

The Budget for 2025-26 has allocated an additional Rs. 1,000 to the honorarium of midday meal workers.

Mar 07, 2025, 10:32 AM IST

Significant Financial Boost for Bengaluru

In the 2025-26 budget, Finance Minister and Chief Minister Siddaramaiah has raised the funding allocation for the city of Bengaluru to Rs 7,000 crore.

Mar 07, 2025, 10:29 AM IST

Chief Minister Siddaramaiah is set to unveil the budget for the year 2025, which has a total allocation of ₹4,09,549 crore.

Mar 07, 2025, 10:19 AM IST

I am prepared to unveil the 16th budget of my political journey today. I extend my gratitude to the citizens of Karnataka for allowing me to present the state budget on sixteen occasions.

Mar 07, 2025, 9:59 AM IST

R. Ashok expressed his frustration by stating that this budget, which marks Siddaramaiah's final presentation, is one of exploitation, accusing the government of attempting to seize all available resources.

Mar 07, 2025, 9:53 AM IST

"I am prepared to unveil the 16th budget of my political career today. I am thankful to all the people of Karnataka for allowing me the chance to present the state's budget sixteen times," stated Chief Minister Siddaramaiah.

Mar 07, 2025, 9:52 AM IST

Chief Minister Siddaramaiah arrived at the Vidhana Soudha in a wheelchair to unveil his unprecedented 16th budget.

Mar 07, 2025, 9:51 AM IST

A cabinet meeting is set to commence shortly, during which Chief Minister Siddaramaiah will request approval for the upcoming budget presentation. The Chief Minister has arrived at the Vidhana Soudha in preparation for the session.

Mar 07, 2025, 7:49 am IST

Ahead of presenting his 16th budget on March 7, Karnataka Chief Minister Siddaramaiah on Thursday emphasised that the budget is not just a mere financial calculation but a manual for shaping the future of the state's seven crore citizens.

Mar 07, 2025, 7:53 am IST

Siddaramaiah has expressed confidence that the budget reflected his sincere effort to ensure that every citizen in Karnataka benefited from some the government scheme.

Mar 07, 2025, 7:54 am IST

Chief Minister Siddaramaiah is set to unveil the state budget today, March 7. Previously, Union Minister Kumaraswamy voiced his frustration regarding this event, raising doubts about whether the budget will meet expectations that were not fulfilled in the past two years.

Mar 07, 2025, 7:55 am IST

Chief Minister Siddaramaiah is set to unveil the state's 16th budget today. The government is urged to recognize transport workers as government employees within this budget and fulfill all requests, including those aligned with the 7th Pay Commission’s recommendations. If these issues are not addressed, the federation representing the four transport corporations in the state has indicated plans to announce a date for an upcoming protest and potentially initiate a transport strike.

Mar 07, 2025, 7:56 am IST

Siddaramaiah's Pre-Budget Twitter Update

In recent days, I have engaged in discussions with our cabinet ministers, top officials from various departments, leaders representing farmers, marginalized communities, minorities, and backward classes, as well as spiritual leaders from multiple religions. My goal has been to understand the hopes and needs of people from diverse backgrounds in a neutral context, and to address these through the upcoming budget. I view the budget not merely as numbers on a page, but as a framework for the future of the seven crore Kannadigas in our state. I am confident that my efforts will ensure that every citizen benefits from some government initiative, as I stated in my tweet.

ಕಳೆದ ಕೆಲವು ದಿನಗಳಿಂದ ನಮ್ಮ ಸಂಪುಟದ ಸಚಿವರು, ವಿವಿಧ ಇಲಾಖೆಯ ಹಿರಿಯ ಅಧಿಕಾರಿಗಳು, ರೈತ, ಶೋಷಿತ, ಅಲ್ಪಸಂಖ್ಯಾತ, ಹಿಂದುಳಿದ ವರ್ಗಗಳ ಸಂಘಟನೆಗಳ ಮುಖಂಡರು ಹಾಗೂ ವಿವಿಧ ಧರ್ಮಗಳ ಗುರುಗಳೊಂದಿಗೆ ಸಭೆ ನಡೆಸಿ,
ಪಕ್ಷಾತೀತವಾಗಿ ಸಮಾಜದ ಎಲ್ಲಾ ಜಾತಿ, ಜನಾಂಗ, ವರ್ಗದ ಜನರ ಆಶೋತ್ತರಗಳನ್ನು ಆಲಿಸಿ, ಅವುಗಳಿಗೆ ಸಕಾರಾತ್ಮಕವಾಗಿ ಸ್ಪಂದಿಸುವ… pic.twitter.com/Y8DKFqnn66
— Siddaramaiah (@siddaramaiah) March 6, 2025

Mar 07, 2025, 7:57 am IST

The Chief Minister is scheduled to present the budget today at 10:15 a.m. According to reports, the agenda highlights this specific time for the budget presentation.

Mar 07, 2025, 7:58 am IST

Residents of Silicon City are anticipating the upcoming budget announcement. There is considerable excitement among the city's populace regarding the projects Chief Minister Siddaramaiah is expected to reveal for Bengaluru.

Mar 07, 2025, 7:59 am IST

Chief Minister Siddaramaiah is set to make history by unveiling his 16th budget, surpassing the previous record of 13 budgets presented by Ramakrishna Hegeday.

Mar 07, 2025, 8:00 am IST

Women have received increased focus in guarantee schemes. There is also a potential for introducing a dedicated scheme for the welfare of women and children in the upcoming budget. Additionally, a budget that favours farmers, the underprivileged, and the general populace is anticipated, alongside additional funding for Bengaluru's development and the announcement of new districts.

Mar 07, 2025, 8:14 am IST

In just a short while, Chief Minister Siddaramaiah will unveil the state budget for the fiscal year 2025, marking his 16th budget presentation. Siddaramaiah first introduced a budget in 1995 during H.D. Deve Gowda's tenure as Chief Minister. He served as the Finance Minister in the J.H. Patel cabinet, presenting budgets in 1995 and 1996 under Deve Gowda, and again in 1997, 1998, and 1999 during the same cabinet period. Following his first election as Chief Minister in 2013, he consecutively presented six budgets from 2013 to 2018, although the budget in 2018 was not comprehensive. This current budget is his 13th. After being re-elected in 2023, Siddaramaiah will now present his 14th budget today, his 16th overall.

Mar 07, 2025, 8:39 am IST

Ahead of the budget presentation, opposition parties are gearing up to demonstrate in the assembly. Chief Minister Siddaramaiah is set to unveil his 16th budget today. Both BJP and JDS leaders have announced plans to protest, claiming that MLAs are being denied grants.

Mar 07, 2025, 9:00 am IST

The Karnataka Budget for 2025-26 is anticipated to support numerous projects, such as the Bangalore City Suburban Rail, Namma Metro, and the Tunnel Project. As the Karnataka government gears up for the upcoming BBMP elections, a significant financial allocation for the garden city is expected in this budget.

Mar 07, 2025, 9:16 am IST

In just a few moments, Chief Minister Siddaramaiah is set to unveil his 16th budget, a record-breaking feat. He has already received a copy of the budget for review.

Mar 07, 2025, 9:20 am IST

Finance Department officials delivered the budget document to Chief Minister Siddaramaiah, with the handover taking place under the guidance of Basavaraja Rayareddy, the Chief Minister's Economic Advisor.

Mar 07, 2025, 9:24 am IST

Chief Minister Siddaramaiah is set to unveil a historic 16th budget shortly. The budget documents, securely enclosed in sealed envelopes, have arrived at the assembly hall via a goods vehicle.

Mar 07, 2025, 9:34 am IST

The 2024 state budget was set at Rs 3,71,383 crore, and projections indicate it may exceed Rs 4 lakh crore this year. Additionally, the state's debt is anticipated to grow to Rs 1 lakh crore.

Mar 07, 2025, 9:38 am IST

Siddaramaiah has consistently delivered significant state budgets. However, this year, he is expected to present the budget while seated because of knee discomfort.

Mar 07, 2025, 9:51 am IST

Mar 07, 2025, 9:52 am IST

Chief Minister Siddaramaiah arrived at the Vidhana Soudha in a wheelchair to unveil his unprecedented 16th budget.

Mar 07, 2025, 9:53 am IST

Mar 07, 2025, 9:59 am IST

Mar 07, 2025, 10:19 am IST

I am prepared to unveil the 16th budget of my political journey today. I extend my gratitude to the citizens of Karnataka for allowing me to present the state budget on sixteen occasions.

Mar 07, 2025, 10:29 am IST

Chief Minister Siddaramaiah is set to unveil the budget for the year 2025, which has a total allocation of ₹4,09,549 crore.

Mar 07, 2025, 10:32 am IST

Significant Financial Boost for Bengaluru

In the 2025-26 budget, Finance Minister and Chief Minister Siddaramaiah has raised the funding allocation for the city of Bengaluru to Rs 7,000 crore.

Mar 07, 2025, 10:34 am IST

The Budget for 2025-26 has allocated an additional Rs. 1,000 to the honorarium of midday meal workers.

Mar 07, 2025, 10:37 am IST

Mar 07, 2025, 10:40 am IST

In his budget presentation, Chief Minister Siddaramaiah declared a hike of Rs 2,000 per month in the honorarium for guest teachers at government high schools.

Mar 07, 2025, 10:41 am IST

Mar 07, 2025, 10:46 am IST

Mar 07, 2025, 10:47 am IST

In the budget for 2025-26, Chief Minister Siddaramaiah declared standard ticket pricing for multiplex cinemas, setting the cost of a movie ticket at Rs. 200.