KARANATAKA – A HAPPENING STATE

Karnataka is a land of immense opportunity as its manufacturing process is supported by critical enablers such as a thriving ecosystem, highly talented workforce, and empowering institutional and policy environment, coupled with a favourable business climate and robust infrastructure.

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Budget at a Glance: Budget estimate: Rs 2,65,720 crore

Allocation made for different Sectors:

• Agriculture and Allied Activities: Rs 33,700 crore

• Welfare and Inclusive Growth: Rs 68,479 crore

• Stimulating Economic Growth: Rs 55,657 crore

• Comprehensive Development of Bengaluru: Rs 8,409 crore

• Conservation of Culture, Heritage, and Natural Resources: Rs 3,102 crore

• Administrative Reforms & Public Service Delivery: Rs 56,170 crore

• Allocation of grants for Women Empowerment and Welfare: Rs 43,188 crore

• Allocation of grants for Children's Welfare: Rs 40,944 crore

• Allocation of grants for SCSP/ TSP: Rs 28,234 crore (increase over previous year is Rs 2,229 crore)

• Funds to improve 100 Primary Health Centres: Rs 1,000 crore

• Allocation for B R Ambedkar hostels: Rs 750 crore

• Department of Housing has been allocated: Rs 3,594 crore

“The Karnataka State has earned a prestigious position in the developmental map of the country due to its natural resources, knowledge-based enterprises, diverse agro-climatic zones, rich culture and heritage. Our priority is to create an environment of ease of living for common people with a balanced and all-around development by proper utilisation of the inherited resources,” Chief Minister Basavaraj Bommai said while presenting his maiden budget for the FY 2022-23.