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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PM leads mega roadshow in Sikkim, to attend celebrations marking 50 years of statehood on Tuesday
Gangtok (PTI): Prime Minister Narendra Modi led a mega roadshow in Gangtok on Monday evening after arriving in Sikkim to attend the closing ceremony of 50 years of statehood celebrations.
Modi, who wore a traditional Bhutia cap and a Lepcha coat, was received at the Libing helipad by Governor Om Prakash Mathur and Chief Minister Prem Singh Tamang.
From the helipad, the PM began the roadshow, which concluded at Lok Bhavan, where he will stay overnight.
On the open vehicle, Modi was flanked by CM Tamang on his left and state BJP president D R Thapa on his right.
Large crowds lined the roads for hours, waving national flags and waiting to catch a glimpse of the Prime Minister.
As his convoy moved slowly through the city, people broke into celebrations. Some enthusiastic supporters chanted "Modi, Modi, Modi", while a few women were seen showering flower petals in his direction.
Modi acknowledged the cheering crowds by waving continuously.
Tamang was also seen urging the gathered people to cheer for the PM during the roadshow.
The route of the roadshow was decorated, with arch gates erected at several points and large cut-outs of Modi placed along the roads.
On Tuesday, Modi will visit the Orchidarium in Gangtok. To commemorate the golden jubilee of Sikkim's statehood and showcase the state's ecological and floral heritage, the 'Swarnajayanti Maitri Manjari' Park has been developed as a world-class Orchid Experience Centre.
The PM will also participate in the closing ceremony of Sikkim's 50th statehood celebrations at Paljor Stadium, where he will unveil development projects worth over Rs 4,000 crore.
The projects cover several sectors, including infrastructure, connectivity, healthcare, education, power, urban development, environment, tourism and agriculture.
Modi is also scheduled to address the gathering on the occasion.
He was expected to attend the opening ceremony of the year-long celebrations last year, but could not reach the venue due to inclement weather. However, he addressed the event virtually from Siliguri in neighbouring West Bengal.
Tamang later thanked the people for giving the grand reception to the PM during the hour-long roadshow in the state capital.
"With immense fervour and heartfelt enthusiasm, the people of Sikkim accorded a grand and resounding welcome to Hon’ble Prime Minister Shri Narendra Modi ji on his arrival in Gangtok," he said in a social media post.
Tamang said people from all walks of life gathered in large numbers to greet him, reflecting the deep respect and warm affection the people of Sikkim hold for his leadership.
"It was indeed an honour to join him during the roadshow and witness the overwhelming love and support of the people firsthand," he said.
