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Karnataka budget: Namma metro gets allocation of ₹30,000 crore

Karnataka Chief Minister Siddaramaiah presented the ruling Congress’s budget for the first time since it came to victory in the Assembly election in May. The CM, who set a record by tabling a 14th budget as the state’s finance minister, presented a document with an outlay of over 3.27 lakh crore and, among several big-ticket […]

Namma metro
Namma metro

Karnataka Chief Minister Siddaramaiah presented the ruling Congress’s budget for the first time since it came to victory in the Assembly election in May.

The CM, who set a record by tabling a 14th budget as the state’s finance minister, presented a document with an outlay of over 3.27 lakh crore and, among several big-ticket announcements, one that promised 30,000 crore for the Namma Metro in Bengaluru.

Siddaramaiah also stated that around 52,000 crores would be spent annually to meet the Congress’ five poll ‘guarantees,’ which are pledges made to voters ahead of the election, and that these ‘guarantees’ would assist 1.3 crore families.

The excise levy on booze has been raised by 20%, making alcohol that much more expensive. The food department has been granted Rs. 10,460 crore. Bengaluru will receive 45,000 crore.

Indira food canteens, which provide 10 subsidized meals, will receive 100 crore. The department of women and child development would receive 24.166 crore. The Gruha Lakshmi scheme, which would provide qualified women with a monetary incentive of Rs. 2,000 per month for a year, will get Rs. 24,166 crore.

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