Bengaluru, March 7 -- Karnataka Chief Minister Siddaramaiah presented the state budget for the financial year 2025-26 in the Legislative Assembly, allocating a sum of Rs. 51,034 crores for the implementation of various guarantee schemes in the current fiscal year.

CM Siddaramaiah emphasized that the government has managed these guarantees while maintaining fiscal discipline, adhering to the fiscal deficit norm of 3 per cent of GSDP and a debt-to-GSDP ratio of 25 per cent over the past two budgets.

The agriculture sector, which faced a negative growth rate of -4.9 per cent in the previous year, has rebounded with a 4 per cent growth in 2024-25, outpacing the national agricultural growth rate of 3.8 per cent.

This recovery has been attri...