Karnataka State

Budget July 2023

Welcome to the Karnataka State budget presentation.
Today, we will take you through major highlights of the
budget, including revenue sources, allocation of funds, tax
reforms, and initiatives for tourism.
INTRODUCTION
1 Karnataka Chief Minister Siddaramaiah presented his 14th
State
.
Budget on July 7,2023.

2
The total outlay of the budget was ₹3,27,747 crore. 
.

Former Chief Minister Basavaraj Bommai presented the

outlay of ₹3,09,182 crore in the Budget in February 2023,
3 for the same fiscal year (2023-24).
State Revenue Sources

GST Collection Liquor Sales Transportation

Karnataka is the top-
performing state in terms of
GST collection, contributing
15% of the country's total
revenue.
Revenue from liquor sales The transportation sector is a
has shown steady growth, critical revenue generator,
with a projected increase of with a projected increase in
15% in 2023-24. revenue of 10% in 2023-24.

Tourism
Karnataka has emerged as a popular tourist destination, contributing 7% of the country's total tourism revenue.
BUDGET BREAKDOWN

5 GUARANTEES EDUCATION OTHERS

• GRUHAJYOTHI • SKILL DEVELOPEMENT • The state aims to promote
• GRUHALAKSHMI • PRIMARY EDUCATION sustainability in all sectors,
• ANNA BHAGYA • HIGHER EDUCATION including agriculture,
• YUVA NIDHI healthcare, infrastructure,
• SHAKTHI SCHEME and tourism.
Funding for Healthcare Facilities
Hospital
Infrastructure
Rs 25,000 crore allocated for
upgrading existing hospitals and
building new ones across the
state.
Research and
Development
Rs 2,000 crore allocated for
research and development in
healthcare to develop innovative
solutions to existing health
problems.
Accessible
Healthcare
Rs 3,000 crore allocated to
provide accessible healthcare
services in remote and rural
regions.
Allocation of Funds to Education
Skills Development
Rs 8,000 crore allocated for skill development
programs to train and create job
opportunities for youth in the state.

1 2 3

Primary Education Higher Education

Rs 20,000 crore allocated to improve primary Rs 16,000 crore allocated to improve higher
education infrastructure and provide quality education infrastructure and promote
education in rural areas. research and innovation in the state.
 1 Roads and Bridges
Investments Rs 30,000 crore allocated for
construction and maintenance of
in roads and bridges across the
state.
Infrastructur 2 Airports and Seaports
e Rs 15,000 crore allocated for

Development modernizing airports and

seaports to promote tourism
and trade.

3 Railways
Rs 10,000 crore allocated
for modernising railway
infrastructure in the state
for improved connectivity.
Tax Reforms

On alcoholic
Guidance value
drinks (excise Motor vehicle. Income tax.
(property)
duty)
5 guarantee schemes
• Chief Minister Siddaramaiah
announced that the state cabinet has
decided to launch all 5 guarantee
schemes during the present financial
year

• Griha Jyothi, Griha Lakshmi,

Annabhagya, Shakti and Yuvanidhi
schemes.

• The implementation of the five

'guarantees' announced by the
Congress may cost an
estimated ₹ 50,000 crore annually.
Gruha Jyoti Scheme
• The main objective of this scheme is to reduce electricity costs by providing free electricity
for up to 200 units to the state’s residents.

• The consumers consuming average electricity units less than 200(average will be taken
based on the usage in 2022-23)would get a zero-electricity bill.

• Residents of Karnataka state can register for this scheme online on their laptop, phones, and
desktops through the Seva Sindhu portal.

• The Gruha Jyothi free power scheme will require Rs 13,000 crore annually and 96 per cent
of households with electricity connections will be covered
Gruha Lakshmi
scheme
• The objective of the project is to
provide financial assistance to the
women of Karnataka who are the
heads of their households.
• Under the scheme, eligible women
will get 2000rs in cash.
• The expenditure is packed at
Rs.30,000 crore annually for this
scheme.
Anna Bhagya
Scheme
• Under Anna Bhagya 2.0, each
member of a BPL family is
guaranteed 5 kg of free rice per
month. The government will
transfer Rs 34 per kilogram of rice,
equivalent to Rs 170 per person per
month, in exchange for the rice.
• The Congress government
earmarked Rs.10,000 crore for Anna
Bhagya Scheme.
 Shakthi scheme
• Under Karnataka Shakti Scheme,
Free of Cost Bus Ride across
Karnataka will be provided to all
women beneficiary of Karnataka
State.
•  Free of Cost Bus Service under
Shakti Scheme will only provide to
the transport corporation buses
like KSRTC, BMNTC,
NWKRTC, KKRTC.
• The annual outlay of the scheme is
Rs 4000 crore.
Yuvanidhi scheme
• Through this programme, the
state’s educated unemployed
youth would get monthly cash
aid from the government to help
them support their families.
• 3000/-Per Month will be
provided to unemployed
Graduates.
• There is a provision to provide
Rs 1500 Per Month to Diploma
pass out youth.
What Bengaluru gets from new Karnataka
budget?
Two museum.
• For sports.
-Rs.5 cr to establish this in shri
kantirava stadium
• For Kannada film industry.
-documenting the historical
development of the kannada film
industry near Dr Rajkumar memorial.
The government focuses on the nine challenges
like
• Traffic
• Environment
• Solid waste management
• Usage of public spaces
• Public health
• Animal health
• People friendly e-governance
• Water security
• Flood management
12 major roads of Bengaluru.
• West of chord road
• Bannerghatta road
• Sarjapur road
• Kanakapura road
• Mysuru road
• Tumakuru road
• Magadi road
• Hosur road
• Old madras road
• Old airport road
• Outer ring road
Revival of white topping project
• 30,000 crore for namma
Bengaluru and Suburban
railway project
• 263 crore for flyover.
• 273 crore for developing road.
• 800 crore for white topping.
• 1250 crore for disposal of
waste.
• 1141 crore for 20 sewage
treatment plant.
Old Budget v/s New Budget
• For energy – Rs.13,803 cr and Rs.22,773 cr
• For women welfare – Rs.5,676 cr and Rs.24,166 cr
• For transportation – Rs.14,509 cr and Rs.16628 cr
• For water and irrigation – Rs.22,854 cr and Rs.19,044 cr
• For education – Rs.37,950 cr and Rs.37,587 cr.
• For rural development – Rs.20,494 cr and Rs.18,038 cr.
• For welfare of general public - Rs.10,741 cr and Rs.10,413 cr.
THANK YOU