26.1 C
Delhi
Monday, June 1, 2026

Karnataka Budget 2025: Siddaramaiah defends guarantee schemes

Bengaluru: Karnataka Chief Minister Siddaramaiah on Friday strongly defended the state’s flagship guarantee schemes, asserting that they are not “free gifts” but essential measures to support the poor.

Presenting the state budget for 2025-26, he highlighted that an estimated ₹233 crore has been directly transferred to each Assembly constituency under these schemes, providing much-needed financial relief to beneficiaries.

The Chief Minister also underscored Karnataka’s strong economic performance, stating that the state contributes 8.4% to the national GDP. In 2024-25, Karnataka recorded a growth rate of 7.4%, surpassing the national average of 6.4%. He attributed this economic surge to strategic investments and robust policy measures aimed at fostering development across key sectors.

Opening the budget session with a literary touch, Siddaramaiah recited verses from Rashtra Kavi Kuvempu and other prominent poets, invoking the ideals of Dr BR Ambedkar, Buddha, Basavanna, and Narayana Guru to reinforce the theme of social justice in governance.

Due to his ongoing recovery from knee surgery, the Chief Minister sought permission from the Speaker to deliver his speech while seated, a rare gesture that set a distinctive tone for the proceedings.

The budget placed a strong emphasis on education, healthcare, and infrastructure. Increased allocations were announced to improve accessibility and quality in education and healthcare, while urban development received a boost to address civic challenges in Karnataka’s rapidly growing cities. Siddaramaiah reiterated the government’s commitment to developing Tier 2 and Tier 3 cities to reduce the burden on Bengaluru.

Reflecting on his political journey, the Chief Minister remarked, “Today, I present my 16th budget. I am grateful to the people of Karnataka for entrusting me with this responsibility.” He further stated that the budget takes inspiration from the teachings of Buddha, Basava, Gandhi, and Ambedkar and strives towards building a more equitable society.

Hot this week

Could Oil Turn Somaliland into a Prosperous African Nation?

In the world’s frantic race for energy dominance, the...

35 pieces of Shraddha’s body

Love is a powerful emotion. Love inspires you to...

The ‘Thai’ Touch in India

Thai Massage Parlours in the most populous cities across...

‘Justice for Bhavyasri’ trends on social media, seeks fairness for 17-year-old

The #JusticeForBhavyasri campaign is gaining strong ground all across...

The world is raving about Saudi Arabia’s rave party

I always thought that rave parties were the prerogative...

The Niyogi Committee: A Forgotten Warning India Cannot Afford to Ignore

History has a peculiar way of repeating itself when...

ULIP Investment Plan: How It Works and Who Should Invest

Financial goals often need two things working together: protection...

Cuba 2026: Why Havana Suddenly Matters Again

While much Indian attention remains focused on U.S. Secretary...

The ‘WhatsAppisation’ of Corporate India

AI-driven messaging is reshaping customer engagement — but at...
spot_img

Related Articles

Popular Categories

spot_imgspot_img