Guarantees, welfare schemes, GST rate rationalisation constrained K'taka's fiscal position: Govt
GST
Dated:- 17-12-2025
PTI
Belagavi (Karnataka), Dec 17 (PTI) The Karnataka government on Wednesday said that the five guarantees and other welfare schemes and GST rate rationalisation have constrained its fiscal position.
The state's economy is expected to remain on a growth trajectory this fiscal, supported by adequate rainfall, the government said in its report titled 'Mid-Year Review of State Finances', presented in the Assembly.
The five guarantee schemes are ‘Gruha Jyothi’ offering 200 units of electricity free to every household, ‘Gruha Lakshmi’ scheme promising Rs 2,000 to every woman head of a family and ‘Anna Bhagya’ offe
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lined.
To mitigate these challenges, the state said it has undertaken concerted efforts to mobilise its own tax revenues to increase the revenue collections.
“Additionally, expenditure rationalisation initiatives are being pursued to contain non-essential spending and protect allocations for priority development sectors, to narrow the revenue deficit in the remaining part of the year,” the government said.
The report said the state's economy is expected to remain on a growth trajectory this fiscal, supported by adequate rainfall.
The government projected the Gross State Domestic Product (GSDP) at Rs 30,91,111 crore for 2025-26, citing the Ministry of Finance.
“State economy is expected to continue its growth trajectory in 2025-26, with
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