Bengaluru gets large allocation in Karnataka budget, BBMP gets an added Rs 8015 Cr

Bengaluru gets large allocation in Karnataka budget, BBMP gets an added Rs 8015 Cr

Agency News

Bengaluru, Feb 8: The Bengaluru metropolitan region, the biggest revenue earner for Karnataka State contributing up to 55 per cent of the State revenues, has been given major allocations in the State Budget for 2019-20 presented by Chief Minister H D Kumarswamy today.

Presenting the state budget after opposition BJP made a walkout from the house, Mr Kumaraswamy said the JD(S)-Congress government was committed to keep up the tag of Bengaluru as the fastest growing city in the country which attracted the highest investments in industry and allied sectors.

In his marathon 3-hour budget presentation he said BBMP was allocated Rs 8015 crore in the budget to implement the Bengaluru Action Plan. The Government had committed to allocate Rs 2300 crore under this plan during current fiscal and Rs 1000 crore allocation was earmarked in the current Budget.

The chief minister also said the government would fund additional five lakh street lights in the city to be converted to LED lamps. Pedestrian walk path in downtown Commercial Street and Brigade Road will be further upgraded.

Mr Kumaraswamy said the government will take up under KPCL and PPP mode a 400 Mt capacity solid waste based power producing plant. Besides the government proposed to provide smart parking facility to accommodate 10,000 vehicles in selected 87 thoroughfare under the programme.

The government also proposed to allocate RS 195 crore for Hebbal-K R Puram fly-over road projects.

The sub-urban railway already proposed in association with Indian Railways at a cost of Rs 23,-93 crore, the SPV was already in place and it will be implemened in time bound manner, Mr Kumaraswamy said in his Budget speech. (UNI)