Updated On: 08 March, 2025 08:15 AM IST | Bengaluru | Agencies
The administration was shaping Karnataka’s development model through the concept of “Universal Basic Income”, he said

Karnataka CM Siddaramaiah arrives to present state Budget. Pic/PTI
Karnataka Chief Minister Siddaramaiah, presenting his record sixteenth budget on Friday, strongly defended the government’s five guarantee schemes and targeted the Union government for the state’s fiscal challenges. He also emphasised that the budget was “development-oriented”.
The total expenditure for the 2025-26 Budget is estimated to be Rs 4,09,549 crore. It includes revenue expenditure of Rs 3,11,739 crore, capital expenditure of Rs 71,336 crore and loan repayment of Rs 26,474 crore.