Siddaramaiah presents budget with ₹4.48 lakh crore outlay, flags GST losses | India News - Hindustan Times

Karnataka Chief Minister Siddaramaiah on Friday presented his third consecutive budget with an outlay of ₹ 4.48 lakh crore for 2026-27. Karnataka’s fiscal deficit and debt-GSDP ratio in 2026-27 are expected to be 2.95% and 24.94% respectively. For the 2025–26 financial year, the fiscal deficit was recorded at 2.9% of GSDP while the debt-to-GSDP ratio stood at 24.91%. Chief minister Siddaramaiah ar…