KKRDB approves action plan for ₹5,000 crore allocation in Karnataka budget

Key points

• The Kalyana Karnataka Region Development Board (KKRDB) unanimously approved the action plan for the utilisation of the ₹5,000 crore allocation made by the State Government for the 2026-27 financial year.
• The decision was taken at the Board meeting chaired by KKRDB Chairperson Dr.
• Ajay Singh.
• Of the ₹5,000 crore allocation, the Board decided to earmark ₹2,900 crore for micro and macro development projects, with 70% of the amount to be spent on micro-level works, and 30% on major infrastructure and development projects.
• The meeting also approved ₹1,500 crore for schemes announced in the State Budget, ₹100 crore for higher education and universities, ₹450 crore under regional and discretionary funds, and ₹50 crore for administrative expenses.