CM Siddaramaiah to present his record 17th Budget on Mar 6
Bengaluru (PTI): The Budget Session of the Karnataka Legislature will begin here on Friday, with Chief Minister Siddaramaiah presenting the Budget for 2026-27, his record 17th as the state's finance minister.
This is another feat for Siddaramaiah, who recently surpassed D Devaraj Urs's record to become the longest-serving Chief Minister of Karnataka.
However, this has come amid speculation over a possible change of Chief Minister after the Budget session, citing a "power-sharing" arrangement between him and his deputy D K Shivakumar, at the time of the government formation in 2023.
According to official sources, Siddaramaiah as the finance minister, faces a "tightrope walk" as he must negotiate between containing the revenue deficit and funding his government's populist guarantee schemes ('Shakti', 'Gruha Lakshmi', 'Gruha Jyoti', 'Yuva Nidhi' and 'Anna Bhagya').
Faced with a revenue shortfall amid rising expenditure commitments, he has a task cut out to maneuver the state's finances while maintaining fiscal discipline.
As the CM is expected to look for resource mobilisation measures, speculations are rife that there may be an increase in taxes.
There are calls to trim the outlay on the 'guarantee' schemes, with annual spending for the five schemes exceeding Rs 50,000 crore. In 2025-26, the government allocated Rs 51,034 crore for the guarantee schemes.
Also to be factored in is an increase in the government's expenses like salaries, as it has decided to recruit for 56,432 vacant jobs.
The government expects a revenue shortfall of Rs 18,000 crore in the current fiscal (2025-26) due to factors like GST rate rationalisation among others, official sources said.
The total expenditure for 2025-26 was estimated to be Rs 4.09 lakh crore. However this may be lowered to about Rs 3.9 lakh crore, they said.
As per the 2025-26 Budget Estimates, the state's total liabilities by the end of March 2026 are projected at Rs 7,64,655 crore, which constitutes 24.91 per cent of the Gross State Domestic Product (GSDP), the government has said.
Meanwhile, Leader of Opposition in the Karnataka Assembly R Ashoka on Thursday took a dig at CM Siddaramaiah ahead of the state Budget presentation, claiming that the government is expected to borrow Rs 1.15 lakh crore and is likely to impose fresh taxes on the people.
He said the Budget would have nothing new, adding that its highlights would be criticism of Prime Minister Narendra Modi and repeated mentions of the five guarantee schemes.
The opposition is also expected to corner the government during the session on a host of issues, including the implementation of internal reservation among SCs during the recruitment process it decided to undertake -- the issue on which there is a rift between SC (Right) and SC (Left) factions within the ruling Congress.
Alleged diversion of Scheduled Caste Sub-Plan (SCSP) and Tribal Sub-Plan (TSP) funds to fund guarantee schemes, irregularities in the Karnataka Public Service Commission (KPSC) Mains examination and selection process, developmental issues, irrigation projects, and law and order are among the other issues on which the opposition is likely to target the government.
Several Bills, including an amendment to the Karnataka Prevention of Slaughter and Preservation of Cattle Act, 2020, aimed at allowing vehicles used for illegal transport of cattle to be released on an indemnity bond, and the Karnataka Crowd Control (Managing Crowd at Events and Place of Gathering) Bill, 2025, which was referred to a select committee, are likely to be tabled during the session.
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Sabarimala gold loss: How did the accused reach Rahul's home, asks Vijayan
Thiruvananthapuram (PTI): Kerala Chief Minister Pinarayi Vijayan on Tuesday hit back at Rahul Gandhi for targeting the ruling CPI(M) over the Sabarimala gold loss case during a poll campaign, questioning how the accused in the case had managed to reach the Congress leader's home.
The Marxist veteran was apparently referring to a widely circulated purported photograph in which the prime accused in the Sabarimala gold loss cases, Unnikrishnan Potty, accompanied by some senior Congress leaders, was seen with Sonia Gandhi at her residence in Delhi.
He also said people have already given a reply to Rahul, the Leader of Opposition in the Lok Sabha, on this matter.
The CM's reaction came a day after Rahul sang a line from a popular parody song about CPI(M) leaders' alleged roles in the gold theft at the Sabarimala temple while addressing a corner meeting as part of the assembly polls campaign in Pathanamthitta district.
As he sang the line "swarnam kattathu aarappa" (who stole the gold of Ayyappa) from a song used by the Congress-led UDF to target the ruling Left during the local body polls a few months ago, at the meeting in Pathanamthitta -- the district where the hill shrine of Lord Ayyappa is located-- the crowd cheered Rahul.
Soon after Gandhi targeted the Left party over the gold loss issue, CPI (M) activists began a social media campaign making allegations against his mother and former party chief Sonia Gandhi in connection with the matter.
While replying to a question regarding this, CM Vijayan said the Congress leader already got a befitting reply and should he also repeat the same.
"If he thinks about how all those who were involved in the stealing had reached his home...then he will get a reply. Anyway, we don't have any such flaws," Vijayan added.
Attacking the Left and the BJP over the Sabarimala gold loss issue, Rahul Gandhi on Monday had said that Prime Minister Narendra Modi had forgotten about what happened in Sabarimala, during his visit to Palakkad as part of election campaign.
Rahul claimed that the prime minister remained silent to avoid damaging the LDF.
He had also said that a UDF government would ensure that those responsible for alleged irregularities related to the temple are punished.
