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Q. What is Karnataka's targeted fiscal deficit for Budget 2026–27 as % of GSDP?
Answer: 2.9%–2.95%
Notes: Karnataka's fiscal deficit for Budget 2026–27 is targeted at 2.9%–2.95% of GSDP, amounting to about Rs 97,448–97,449 crore. The target aligns with the Karnataka Fiscal Responsibility Act, which limits the fiscal deficit to under 3% of GSDP. This target is slightly lower than the revised estimate of 3% for 2025–26. The total budget outlay for 2026–27 is Rs 4.48 lakh crore with liabilities at Rs 8.24 lakh crore, approximately 24.94% of GSDP.
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