Karnataka is set to lose about ₹10,000 to ₹15,000 crore due to 16th FC’s recommendation, says Siddaramaiah
Chief Minister Siddaramaiah of Karnataka expressed disappointment with the 2026-2027 Union Budget, stating that it will result in a loss of ₹10,000 crore to ₹15,000 crore annually due to the 16th Finance Commission's reduced tax devolution share. He criticized the decision as unfair and unjust, highlighting Karnataka's strong economic contribution to the national exchequer while receiving minimal allocations for development programs like the Jal Jeevan Mission. Siddaramaiah also expressed concern about the lack of funding for high-speed corridors that would benefit other states at the expense of Karnataka.
1 FEB 2026
— The Hindu
West Bengal's Chief Minister and political leaders criticized the Union Budget 2026-27 for lacking provisions for the state's development and ignoring existing infrastructure projects.
— The Hindu
CPI leaders and activists protested outside Visakhapatnam railway station, expressing dissatisfaction with the Union Budget 2026's lack of funding for Andhra Pradesh's needs.
3 FEB 2026
— The Hindu
Tamil Nadu Chief Minister M.K. Stalin expressed disappointment with the 2026-27 Union Budget and vowed to teach the NDA a lesson in the upcoming Assembly elections.
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