What Karnataka Gets from the Union Budget 2026; Details here
New Delhi: The Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman, has offered a mix of infrastructure proposals, sector-specific programmes and tax devolution for Karnataka.
On infrastructure, Bengaluru has emerged as a key hub in the country’s high-speed rail (HSR) network. The city will serve as a central junction for three of the seven proposed HSR corridors, Hyderabad–Bengaluru, Chennai–Bengaluru, and Pune–Hyderabad. This is expected to strengthen inter-city connectivity in the southern and western regions.
In the agriculture and allied sectors, the Union government announced a new dedicated programme focused on the cultivation and post-harvest processing of sandalwood, with Karnataka being the leading producer of sandalwood in the country,
Dedicated schemes were also announced for coconut, cashew and cocoa, with the aim of improving productivity and developing these crops as premium global brands by 2030. These initiatives are expected to benefit regions such as Tumakuru, Mangaluru, Udupi and Karwar.
For tourism, Coastal Karnataka has been selected for the development of ecologically sustainable “Turtle Trails” along key nesting sites, with the objective of promoting eco-tourism while ensuring environmental protection.
In the health sector, Mangaluru has been reportedly identified as a potential location for one of five proposed Regional Medical Hubs under a public-private partnership (PPP) model. The proposal seeks to leverage the city’s proximity to major pilgrimage centres such as Udupi and Dharmasthala.
According to the Deccan Herald, on fiscal transfers, the Union government will devolve ₹63,049.58 crore to Karnataka as its share in taxes and duties for the 2026–27 financial year. This is based on the 16th Finance Commission’s recommendation of a 4.13 per cent tax devolution share for the State. In comparison, Karnataka received ₹51,876 crore in the 2025–26 financial year.
However, the state government has objected to the devolution. Chief Minister Siddaramaiah stated that the 15th Finance Commission reduced Karnataka’s tax share by 23 per cent compared to the 14th Finance Commission. He said that earlier, out of every ₹100 distributed to States, Karnataka received ₹4.71, which was brought down to ₹3.64, resulting in a massive revenue loss.
The Chief Minister also pointed out that Karnataka contributes between ₹4.5 lakh crore and ₹5 lakh crore annually to the Centre in the form of taxes and cess, yet receives the lowest tax share and grants relative to its overall budget. He demanded that the earlier 4.71 per cent share be restored, stating that “true justice” would be done only if the State received more than that
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Punjab elect to bowl against Chennai in IPL match
Chennai (PTI): Punjab Kings skipper Shreyas Iyer won the toss and opted to bowl against Chennai Super Kings in an Indian Premier League match here on Friday.
CSK made one change to their playing XI, bringing in Prashant Veer in place of Matt Short.
CSK had lost to Rajasthan Royals by eight wickets in the opening match while Punjab Kings defeated Gujarat Titans by three wickets.
Teams:
Chennai Super Kings: Sanju Samson (w), Ruturaj Gaikwad (c), Ayush Mhatre, Sarfaraz Khan, Shivam Dube, Kartik Sharma, Prashant Veer, Noor Ahmad, Anshul Kamboj, Matt Henry, and Khaleel Ahmed.
Punjab Kings: Prabhsimran Singh (w), Cooper Connolly, Shreyas Iyer (c), Shashank Singh, Nehal Wadhera, Marcus Stoinis, Marco Jansen, Xavier Bartlett, Vijaykumar Vyshak, Arshdeep Singh, and Yuzvendra Chahal.
