Siddaramaiah rejects charges of excessive borrowing
Chief Minister Siddaramaiah defended the state's borrowing practices, stating that Karnataka's debt was within the permissible limits set by the Fiscal Responsibility Act. He argued that the state's debt-to-GSDP ratio of 24.94% is well below the 25% limit and compared it to the Centre's significantly higher debt levels. Siddaramaiah also addressed criticisms about the budget benefiting only certain sections, stating that it aimed for social justice and equal opportunities across all segments of society. He indicated his willingness to continue presenting budgets if given the opportunity by the party leadership.
12 MAR 2026
— The Hindu
Vijayendra, the BJP State president, condemned the 2026-27 Karnataka state budget, accusing the Chief Minister of driving the state into debt through excessive borrowing.
14 MAR 2026
— The Hindu
Karnataka's Chief Minister promised additional funding for the third phase of the Upper Krishna Project (UKP) to address regional imbalances in the state.
— The Hindu
Karnataka Chief Minister Siddaramaiah confirmed that byelection dates for Bagalkot and Davangere Assembly constituencies will be announced within a week.
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