Karnataka Budget 2026 Live: Siddaramaiah to present Karnataka budget today

Budget Live: Later in the day at 4 pm, CM Siddaramiah is expected to address a press conference explaining salient points from his budget

CM Siddaramaiah reaches the assembly to present state Budget today

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Contractors push for ₹37,000 crore dues release ahead of Karnatka budget

Ahead of budget the contractors association which has been accussing delays in payments for works executed is demanding the release of Rs 37,000 crore pending dues to its members

Karnataka Budget Live: The CM has to balance demands from the 31 districts in the state

Karnataka CM Siddaramaiah to present his record 17th Budget today

Karnataka CM Siddaramaiah to present his record 17th Budget today

The Budget Session of the Karnataka Legislature will begin here on Friday, with Chief Minister Siddaramaiah presenting the Budget for 2026-27, his record 17th as the state’s finance minister.

CM Siddaramiah poses with a copy of the budget in a red bag on the steps of Vidhana Soudha before entering for the cabinet meeting

Focus on implementing programmes across six key developmental dimensions

The chief minister noted that this year’s budget will focus on implementing programmes across six key developmental dimensions: Welfare Programmes Budget, Agriculture and Rural Development Budget, Development-Oriented Budget, Prioritising Urban Development, Investment and Job Creation and Governance Reforms.

Total expenditure for the 2025-26 Karntaka budget

The total expenditure for the 2025-26 Karntaka budget is estimated to be Rs 4,09,549 crore. It includes revenue expenditure of Rs 3,11,739 crore, capital expenditure of Rs 71,336 crore and loan repayment of Rs 26,474 crore.

For the first time state government has made arrangements for the budget to be watched on TV screens at most major bus terminals across the state

Funds for Bengaluru Infrastructure

Court mandated upcoming Greater Bengaluru Authority elections means the state government may have to set apart more funds for the capital city’s infrastructure which has not kept pace with the growth of the city

Focus on five guarantee schemes

Budget will be closely watched as how the state government will raise resources for their five guarantee schemes which last year had an outlay of Rs 60,000 crore

Karnataka Budget Live: Apart from Vala and now Siddaramiah, K M Mani in Kerala and former Karnataka CM Ramakrishan Hegde share the honours of having presented 13 state budgets.

Karnataka Budget 2026 Live: Cabinet to meet at 9.45 am to approve the budget before the CM reads it out on the floor of assembly; CM is scheduled to start budget presentation at 10.15 am

The keenly awaited Karnataka budget for Fiscal 2026-27 will be presented by the Chief Minister Sidharamiah in a short while.

Siddaramaiah breaks record: Karnataka’s longest-serving Chief Minister

Siddaramaiah recently became Karnataka’s longest-serving Chief Minister surpassing the tenure of former chief minister D Devaraj Urs. 

Karnataka Budget Live: Siddaramaiah as the finance minister faces a “tightrope walk”

According to official sources, Siddaramaiah as the finance minister, faces a “tightrope walk” as he must negotiate between containing the revenue deficit and funding his government’s populist guarantee schemes (’Shakti’, ‘Gruha Lakshmi’, ‘Gruha Jyoti’, ‘Yuva Nidhi’ and ‘Anna Bhagya’).

Karnataka Budget 2026 Live: Siddaramaiah’s five guarantee schemes

The most anticipated thing in the State budget this time is Siddaramaiah’s five guarantee schemes. As the CM has already said, he has said that the five guarantee schemes will not be stopped in the budget for any reason. In this budget, there is a possibility of allocating more funds for the five guarantee schemes including Grihalakshmi, Grihaljyothi, Shakti, Annabhagya, Yuvanidhi.