Karnataka budget 2023: Interest-free loans, self-employment and other Welfare Schemes for minorities

News Network
July 7, 2023

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Bengaluru, July 7: Karnataka Chief Minister Siddaramaiah presented his 14th Budget today. The budget this year poses a unique challenge to Siddaramaiah in mobilising resources for the implementation of the Congress’s five guarantees while making space for other development works. 

Here are the Welfare Schemes for Minority Communities announced by the CM in the maiden budget of the new Congress government. 

-- Rs 50 crore will be provided to protect and develop 40,000 Wakf properties in the state

--Interest-free loans will be provided to the tune of Rs. 20 lakh to minority students to pursue graduate and postgraduate courses in prestigious foreign universities with a global ranking of under 250.

-- To promote self-employment opportunities, for the loan amount availed from the banks, a subsidy up to 20% of the loan amount up to a maximum of Rs.1 lakh will be provided to 10,000 unemployed youth belonging to minority communities.

--A new scheme 'Swawalambi Sarathi will be introduced to encourage self-employment of the unemployed youth belonging to Minority communities. Under this, a subsidy of 50% up to a maximum of Rs. 3 lakh will be provided towards purchase of four wheeler vehicles.

--Rs 54 crore alloted for the construction of all the 126 incomplete Shadimahals and Community halls

-- A loan of Rs. 1 lakh per annum at a subsidized interest rate of 2% will be provided to minority students under the 'Arivu' - educational loan scheme. The eligible beneficiaries will be students who get admission through CET to 28 professional courses such as Engineering, Medical, etc. During the financial year, Rs. 75 crore will be reserved for this scheme.

--Language labs will be established at a cost of Rs. 5 crore in all the Minority Morarji Desai Residential Schools to improve Kannada and English language skills of students belonging to minority communities.

--Skill development training of minority youths will be started in the districts of Ramanagar, Belagavi, Davangere, Kalaburagi and Dakshina Kannada at a cost of Rs. 4 crore.

--A grant of Rs. 8 Crores will be provided to impart training through prestigious institutions for two years for the students studying in minority pre-university residential colleges in order to prepare them for NET, JEE, CET and other entrance examinations.

--A ten month residential coaching program for IAS/KAS and other competitive exams will be offered to the minority aspirants in Haj Bhavan, Bengaluru, in collaboration with reputed coaching institutions.

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News Network
November 21,2025

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An Indian Air Force (IAF) Tejas fighter jet crashed on Friday, November 21, afternoon during its aerial demonstration at the Dubai Air Show, plunging to the ground at around 2:10 pm local time while performing a manoeuvre before thousands of spectators.

The IAF confirmed the incident, stating that a Tejas aircraft participating in the show had crashed and that further details were being gathered. An Air Force spokesperson said more information would be shared after initial assessments.

The crash sent thick black smoke billowing into the sky near the airport, causing panic among visitors, including families and children who had gathered to watch the display. Authorities have not yet confirmed whether the pilot managed to eject before the aircraft went down. Emergency response teams rushed to the scene, and officials have not released information on casualties or damage so far.

The Tejas is a 4.5-generation, multi-role fighter aircraft developed indigenously by Hindustan Aeronautics Limited (HAL). Designed for versatility, it is capable of offensive air support, close combat, ground attack missions and maritime operations. The aircraft family includes single-seat fighters and twin-seat trainers for both the Air Force and Navy.

HAL describes the latest version, the LCA Mk1A, as the most advanced in the series, featuring an AESA radar, an upgraded electronic warfare suite with radar-warning and self-protection jamming, smart multifunction displays, a digital map generator, a combined interrogator–transponder system and a modern radio altimeter. These enhancements significantly improve the aircraft’s combat capability and survivability.

Further updates from IAF and UAE authorities are awaited.

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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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News Network
November 27,2025

Bengaluru, Nov 27: Karnataka Chief Minister Siddaramaiah’s camp is reportedly on alert as the Congress leadership tussle in the state intensifies, particularly amid speculation over the potential promotion of Deputy Chief Minister D.K. Shivakumar. Siddaramaiah is said to be in a “wait-and-watch” mode after admitting to “confusion” earlier this week and urging the party to “put a full stop” to it.

Sources say his supporters are ready to act if senior leaders — including party chief Mallikarjun Kharge, Sonia Gandhi, and Rahul Gandhi — give any indication of backing Shivakumar. If the party insists on a leadership change, Siddaramaiah’s camp has a list of alternatives, underscoring the deep rift between the two leaders. One possible candidate is Home Minister G. Parameshwara, a Siddaramaiah loyalist and influential Dalit leader.

The strategy was reportedly finalized at a meeting led by PWD Minister Satish Jarkiholi, another Siddaramaiah supporter, who stressed that Delhi leaders need to resolve the issue. Kharge and the Gandhis are expected to meet soon, after which Siddaramaiah and Shivakumar may be summoned to Delhi.

Shivakumar has largely stayed non-confrontational, publicly endorsing Siddaramaiah and downplaying speculation about his own ambitions. However, he has made pointed comments emphasizing the importance of honoring promises, directed at Siddaramaiah.

The feud traces back to the 2023 state election, when Siddaramaiah was chosen as Chief Minister while Shivakumar, who led the party’s campaign, was made Deputy CM and state party chief — a departure from the Congress’ usual “one post per person” rule.

There were also hints of a prior understanding that Siddaramaiah would step down midway through the term. As the halfway mark passed last week, Shivakumar-aligned lawmakers have ramped up pressure on the party for a leadership change, with Shivakumar himself hinting at stepping down as state party chief to pursue the top job.

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