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Balance Between Social Welfare And Growth
The New Indian Express Kottayam
|March 08, 2025
KARNATAKA Chief Minister Siddaramaiah, who also holds finance portfolio, on Friday presented a ₹19,262-crore revenue-deficit Karnataka Budget for 2025-26 with a total outlay of ₹4,09,549 crore against the revised estimate of ₹3,65,865 crore for 2024-25.
Siddaramaiah, who presented a record 16th budget as finance minister, attempted to strike a balance between social welfare schemes and infrastructure development, while sticking to fiscal discipline.
The experiment with allocation of over one-fourth of the outlay for social welfare schemes prevailed with a major chunk of ₹51,034 crore earmarked for the guarantee schemes, as against ₹52,000 crore in 2024-25.
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