The Karnataka government has presented a significant supplementary budget proposal before the state Legislative Assembly, seeking approval for an additional expenditure of ₹6,280 crore. This move, tabled on 16 December 2025, outlines the state's revised financial requirements for the ongoing fiscal period.
Key Allocations in the Supplementary Budget
While the detailed breakdown of the entire ₹6,280 crore outlay is awaited, one notable allocation has been specifically highlighted. The government has earmarked ₹10 crore to facilitate an upcoming trip of an official Karnataka delegation to the World Economic Forum (WEF) in Davos, Switzerland. This funding is intended to cover the costs associated with the state's participation in the global economic summit, which is a key platform for attracting investment and fostering international partnerships.
Procedure and Legislative Approval
A supplementary budget is a financial document presented to the legislature to authorize additional expenditure over and above the amount approved in the annual budget. The Karnataka government's request for ₹6,280 crore now requires the formal assent of the state Assembly. The proposal will be subject to discussion and scrutiny by the members of the House before a vote is taken for its passage. This process is a standard part of governmental financial oversight and ensures legislative control over public spending.
Strategic Implications and Focus
The allocation for the Davos trip underscores the state administration's continued focus on positioning Karnataka on the global investment map. Participation in forums like the WEF is seen as a strategic effort to showcase the state's industrial, technological, and innovation potential to a worldwide audience of business leaders and policymakers. The approval of the full supplementary budget will enable the government to meet various emergent and planned expenditures across different departments and initiatives for the remainder of the financial year.
The tabling of this supplementary demand for grants marks a crucial step in the state's fiscal management as it navigates its developmental priorities and commitments.
