Karnataka Budget Targets MSME Strengthening, GCC Expansion And Emerging Tech

The Karnataka state Budget presented by Chief Minister Siddaramaiah reflects the Karnataka government’s continued focus on economic growth, industrial expansion, technology development and balanced regional progress across Karnataka.The Budget focuses on a Rs 4.48 lakh crore outlay strengthening MSMEs, AI, and industrial infrastructure. Key highlights include proposed tax reforms for MSMEs, including reduced stamp duty on loans, professional tax exemptions, and specialized industrial clusters.