Home

Thursday, May 23, 2013

Lead Story
News
Edit Page
PM Interview
New Projects
Orders & Contracts
Transport
Power
Special Feature:
India Infrastructure
Sister Concern
Archives

 
 

Bangalore needs Rs 310 bn to update infra

PM News Bureau

Bangalore's decaying infrastructure needs Rs 31,000 crore ($7.20 billion) in the next four years to enhance it. The Karnataka government expects the Central government to help in the task.
According to Chief Minister B.S. Yeddyurappa, the job of updating the city infrastructure should be considered a national priority.
The state has sought Rs 7,500 crore from the Centre under the Jawaharlal Nehru National Urban Renewal Mission. While Karnataka will give Rs 4,500 crore, the city civic body and Bangalore water supply board will provide Rs 5,000 crore and the balance Rs 14,000 crore will be raised through debt and public-private partnership.
A recent state government study on improving the city's infrastructure has shown that an investment of Rs 31,000 crore is needed for 2007-2012 period. However, the Centre has allocated only Rs 13,750 crore for Bangalore and Mysore for 2005-12.
Meanwhile, the BJP government, which assumed power in the state in May, has unveiled a plan to take up major infrastructure development in the city at a cost of nearly Rs 10,000 crore.


[July 7-13, 2008]



 

ICICI Lombard Insurance

Ceramics technologies

FRS Solutions 2008

Petro Tech 2009

Marcus sucessful Construction contracting

EA Water Expo 2008


  Home

Thursday, May 23, 2013          Archives | About us | Contact us | Feedback | Advertise | Post Projects

Copyright (c) 2001 Economic Research India Limited
Disclaimer, Privacy Policy