Key takeaways from Karnataka budget 2024-25

Financial roadmap

Karnataka Chief Minister Siddaramaiah presented the states 15th consecutive budget, unveiling a comprehensive financial roadmap for the fiscal year 2024-25.

Theme and Budget Size

Motive of the budget is ‘An Equal Life for All, An Equal Share for All’, With a budget outlay of Rs 3.71 lakh crore, the budget aims to prioritize key sectors such as education, healthcare, and infrastructure, while maintaining fiscal prudence.

Education sector

The government announced plans to upgrade 2,000 Government Primary schools as bilingual schools, offering instruction in both Kannada and English.

Cafe Sanjeevini

50 women-run cafes with the name of Cafe Sanjeevini will be launched across the state during this year for Rs 7.50 crore.

Rs 100 crore for Tourism

Tourism policy will be revised for 2024-29 to attract more tourists and investors to make full use of the tourism potential of the State. Anjanadri Hills and surrounding areas of Koppal district hold mythological and historical importance, Rs 100 crore will be provided to develop tourism in these areas.

Antar Jal budget

The project of filling 38 lakes of Yalaburga-Kukanur taluk of Koppal district for drinking water and Antar Jal development has been budgeted at a cost of Rs 970 crore in the current year.

Allocation for Canals

Rs 2,000 crore has been allotted for the development of canals in Varuna assembly constituency, namely, for the Gubbia Mathadahalli drinking water project and the Arkavati River Front Development projects near Ramanagara.

Gruha Lakshmi scheme

Rs 28,608 crore has been allotted on the Congress governments Gruha Lakshmi scheme, which is part of the partys five main poll promises.

More than Rs 39000 crore for welfare of SC/ST

CM Siddaramaiah also pushed for welfare of the SC/ST community by allotting ₹27,674 crore for the Scheduled Caste Sub-Plan in 2024-25 and ₹11,447 crores for the Scheduled Tribe sub-project.

Huge allocations on Women and Child welfare

The Siddaramaiah-led government in Karnataka has decided to allot large chunks of this years budget to the welfare of women and children, at ₹86,423 crore and ₹54,617 crore, respectively.

All-weather Road

Under the Peripheral Ring Road (PRR) project, the government is planning to construct a 73-km road at a cost of Rs 27,000 crore under the PPP model.

Rs 5,550 crore for Cauvery phase-5 project

Bengaluru Water Supply and Sewerage Board will operationalize Cauvery Phase-5 project of 775 MLD capacity to provide 110 liters of drinking water daily to 12 lakh people, at an estimated cost of Rs 5,550 crore.