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» »Siddaramaiah Unveils Bengaluru Budget Aiming for World‑Class Liveability With Municipal Bonds and Skywalks

Siddaramaiah Unveils Bengaluru Budget Aiming for World‑Class Liveability With Municipal Bonds and Skywalks

Siddaramaiah, the Chief Minister of Karnataka, presented an ambitious plan in the 2026-27 state budget to transform Bengaluru into one of the most liveable cities in the world. The government plans to improve infrastructure, transportation, and urban services to support the city's rapid growth.

Budget 2026 27 Sets Bengaluru on Path to World Class Liveability With Bonds Skywalks and Metro Expansion
Photo Credit: PTI

Introduction of Municipal Bonds

One of the key announcements in the budget is the introduction of municipal bonds. These bonds will help raise funds for development work across the five municipal corporations in Bengaluru. The move is expected to strengthen the city's financial resources and support large infrastructure projects. The government also highlighted Bengaluru's long history and unique identity, from its early development to its current role as a major start-up and technology hub.

Road Developments

The budget includes Rs 1,255 crore for infrastructure improvements in the city. In addition, the state government has significantly increased the development grant for Bengaluru from Rs 3,000 crore to Rs 7,000 crore to speed up various urban development projects. To improve road quality and durability, the government plans to carry out white-topping of more than 450 km of roads. This method helps roads last longer and reduces maintenance costs. The plan also includes upgrading around 500 km of footpaths to make them safer and more convenient for pedestrians.

Construction of Skywalks

Another major proposal is the construction of 100 skywalks across the city to help people cross busy roads safely. In addition, about 175 road junctions in Bengaluru will be beautified over the next three years using the city's internal funds.

Sustainable Urban Planning

The chief minister also emphasised sustainable urban planning. The government plans to complete the Revised Master Plan-2041 by 2027, which will guide the city's long-term development. A Comprehensive Mobility Plan will also be prepared to improve transport planning.

Namma Metro Expansion

Expansion of Namma Metro will continue to make daily travel easier for commuters. The budget also includes major water supply projects and new transport corridors, which are expected to improve connectivity and support Bengaluru's future growth. These initiatives aim to shape a modern and sustainable urban future for the city.

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