India, March 7 -- Karnataka Chief Minister Siddaramaiah, while presenting his record 16th budget on Friday, strongly defended the state's five guarantee schemes and attributed fiscal challenges to the Union government. He also underscored that the budget remains "development-oriented."

For the financial year 2025-26, the total estimated expenditure stands at Rs.4,09,549 crore, comprising Rs.3,11,739 crore in revenue expenditure, Rs.71,336 crore in capital expenditure, and Rs.26,474 crore allocated for loan repayment.

Due to ongoing knee pain, Siddaramaiah delivered his budget speech while seated in the Assembly.

(Also Read: Karnataka Budget 2025: Bengaluru to get 9,000 new electric buses as state focuses on green public transport)

The...