Karnataka Budget 2026-27 allocates Rs 4.48 lakh crore with AI Centre of Excellence and flood relief

Key facts

• Karnataka Chief Minister Siddaramaiah presented the State Budget 2026-27 with a total outlay of Rs 4,48,004 crore.
• The state will set up two centres in collaboration with the Institute of Bioinformatics and Applied Biotechnology, the Centre for Cellular and Molecular Platforms and NASSCOM at a total cost of Rs 16 crore to establish a state-of-the-art AI Centre of Excellence in Bengaluru.
• Karnataka will have a Leopard Rehabilitation Centre in Bannerghatta Biological Park at an estimated cost of Rs 5 crore.
• The state will implement disaster management projects over five years for Rs 5,000 crore to address flooding in Bengaluru under the Karnataka Water Security and Resilience Programme (KWSRP), a World Bank-funded initiative.
• The government is developing a Karnataka-specific economic framework described as the '11G model' to guide the state's growth.
• 15,000 vacant posts of teachers in schools and colleges will be filled in the next fiscal year.
• A grant of Rs 565 crore will be provided for the construction of new rooms and repair works in government primary, high schools, and Pre-University Colleges.
• Rs 75 crore is allocated for the construction of toilets and Rs 25 crore for the procurement of furniture in schools.
• A grant of Rs 125 crore will be made for the maintenance of government primary schools, high schools, and Pre-University Colleges.
• Rs 3,900 crore will be spent for upgradation of 800 schools to Karnataka Public Schools (KPS).