KKRDB Approves ₹5,000 Crore Action Plan in Karnataka Budget

The Board has approved an allocation of ₹5,000 crore to support various development initiatives. Out of this total amount, ₹2,900 crore has been specifically designated for micro and macro development projects. The funding distribution will prioritize micro-level initiatives, with 70% of the allocated funds earmarked for these smaller projects. The remaining 30% will be directed towards larger infrastructure and development efforts.

This decision reflects the Boards commitment to enhancing local development while also addressing broader infrastructure needs. Specific details regarding the types of micro and macro projects set to be funded have yet to be disclosed, but the allocation is expected to support areas such as community development, small-scale infrastructure improvements, and larger regional projects that aim to stimulate economic growth.