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Karnataka Budget 2023: Karnataka CM Siddaramaiah has presented the budget in the Bengaluru Assembly on Friday (July 7). This is the first budget of the Congress after the bumper victory in the state assembly elections. This is Siddaramaiah’s seventh budget as Chief Minister. This is the most number of budgets presented by any chief minister or finance minister in the state so far. Earlier, the Chief Minister of Karnataka had said that the state budget is likely to be Rs 3,35,000 crore, which is Rs 25,000 crore more than the previous budget. And the budget released by the previous BJP government was Rs 3.08 lakh crore.
What is included in the budget?
According to ANI Karnataka Chief Minister Siddaramaiah presented the state budget Did. The total expenditure in the budget is estimated to be Rs 3,27,747 crore, which includes revenue expenditure Rs 2,50,933 crore, capital expenditure Rs 54,374 crore and loan repayment Rs 22,441 crore. Apart from this, Rs 37,587 crore was allocated for education, Rs 24,166 crore for women and child development in Karnataka budget allocation 2023-2024. This is 11% and 7% respectively of the total budget allocation. Rs 14,950 crore allocated for health and family welfare which is 4% of the total allocation.
Budget presented for the seventh time
CM Siddaramaiah has previously presented the budget six times from 2013 to 2018.
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