Fiscal deficit maintained in FY26, focus on B'luru: CM on Karnataka Budget

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Fiscal deficit maintained in FY26, focus on B'luru: CM on Karnataka Budget - Business Standard

Quick Summary:

According to the Karnataka government's Budget, for the financial year 2025-26, revenue deficit is estimated to be Rs.19,262 crores, which is 0.

To mitigate vehicular congestion and to intended to make major roads of Bengaluru ensure smooth movement of traffic, a 40.5 km double decker flyover will be constructed at a cost of Rs.8,916 crores along with Namma Metro Phase - 3 Project.

According to the Budget, Bruhat Bengaluru Mahanagara Palike (BBMP) has yielded an additional revenue of Rs.4,556 crores through various reforms and substantially increasing property tax collection.