State budget: Expectations high for welfare, infra and regional progress

Bengaluru: Welfare, infrastructure, and the development of the Kalyana Karnataka region are among the many expectations for Friday’s state budget, set to be presented by Chief Minister Siddaramaiah. This will be his 16th state budget, and all eyes are on the allocation of funds to improve Bengaluru’s ailing infrastructure. Professor Krishnaraj from the Institute of Social and Economic Change shared his expectations in a conversation with News Trail.

“The government wants to push capital expenditure in line with the five guarantees. This may continue to be the main focus,” he stated. Krishnaraj also hopes the government will prioritise sustainable and green growth. “Expanding public transport with electric vehicles and further extending the metro network would contribute to this,” he added.

Additionally, he advocated for a shift in focus towards solar energy. Identifying two key sectors – health and education – Krishnaraj stressed the importance of recruitment in higher education. “The government should emphasise this area more,” he said. The Congress government has been scrutinised for the poor state of roads, drainage systems, and pavements, which have led to flash floods and potholeridden streets. Krishnaraj predicted that the budget will earmark funds for infrastructure projects, including flyovers and quality roads.

“The city generates substantial revenue for the government, which justifies the attention it receives. The tunnel road project may also find mention, with possible budgetary allocations,” he added. Discussions on a second international airport for Bengaluru have gained momentum, and Krishnaraj expects an announcement on this in the budget. When asked about development in other cities, he emphasised the need to prioritise the Kalyana Karnataka region, which has long been neglected.

He also anticipates an increase in the overall budget size while maintaining fiscal prudence within three per cent of the Gross State Domestic Product (GSDP). He believes the state’s borrowing will remain within the limits set by the Fiscal Responsibility and Budget Management Act, of 2003. Special programmes for Scheduled Castes and Scheduled Tribes are among the other schemes expected to be announced.