Balancing act on a fraying tightrope in Karnataka The recently presented Karnataka state budget is a case study in desperation: a balancing act performed on a fraying tightrope by the chief minister, who also holds the finance portfolio. Share Via Email | A+A A- Karnataka CM BS Yediyurappa (Photo | EPS) The recently presented Karnataka state budget is a case study in desperation: a balancing act performed on a fraying tightrope by the chief minister, who also holds the finance portfolio. That rope is so frayed that it meant no new promises, except for the one for ‘communities’ on the side of politics. That’s to douse the rising protests, while acting more out of hope than conviction that the economy would recover.