Karnataka Budget 2025 LIVE: CM Siddaramaiah Presents His Record 16th Budget | Brand Bengaluru | N18L

Karnataka Budget 2025 LIVE Updates: CM Siddaramaiah Presents His Record 16th Budget Today | Kannada News Live | Bengaluru News | Siddaramaiah Budget LIVE | CNBC TV18
Karnataka budget 2025 live updates: Karnataka's 2025-26 budget is expected to reach ₹4 lakh crore, up from ₹3.71 lakh crore this fiscal. Sources, according to PTI, suggest the CM may increase borrowings to fund development. Karnataka government to allocate 9,000 electric buses to BMTC, part of a 14,750 bus initiative by 2025-26, enhancing sustainable transport. Siddaramaiah laid out the revenue expenditure to be at Rs 3 lakh crore and capital expenditure at Rs 71,000 crore. With highest-ever state loans, the deficit budget was at Rs 19,000 crore.
To enhance urban mobility, Bengaluru’s metro network will be extended to Kempegowda International Airport. Additionally, a 18.5 km long North-South tunnel will be developed from Hebbal Esteem Mall to Silk Board Junction at an estimated cost of Rs 15,000 crore, aiming to ease traffic congestion in the city.
Karnataka budget 2025 live updates: Karnataka chief minister Siddaramaiah, who also serves as the state’s finance minister, will present the 2025-26 Budget today after the session began on March 3. This marks his 16th budget, setting a record. On March 4, the Business Advisory Committee, led by Siddaramaiah, approved a salary hike for state legislators, a move likely to spark controversy. When the BJP-led government raised MLA salaries in February 2022, there was little opposition from Congress or JD(S).
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