Siddaramaiah presents budget with ₹4.48 lakh crore outlay, flags GST losses
Budgetary action — an allocation, fiscal policy change, or expenditure decision shaping how public resources flow. Reveals government priorities and affects programme implementation capacity.
Summary
Karnataka CM Siddaramaiah presents a ₹4.48 lakh crore budget for 2026-27, focusing on growth, welfare, and fiscal discipline amid rising debt and revenue deficits.
Key Facts
Type Budget
Source Hindustan Times - India
Published Saturday, 7 March 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right