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News Entry# 296386
Mar 15 2017 (15:07) What does the budget have for Bengaluru? (www.thehindu.com)
News Entry# 296386 Past Edits
Commentary/Human Interest
SWR/South Western
News Entry# 296386 Past Edits
Mar 15 2017 (15:07)
Station Tag: KSR Bengaluru City Junction (Bangalore)/SBC added by karbang~/50057
Station Tag: KSR Bengaluru City Junction (Bangalore)/SBC added by karbang~/50057
Posted by: karbang~ 1742 news posts
The 2017-18 budget lays focus on improving road network, giving fillip to public transport and pedestrian safety facilities in Bengaluru.
The...
The...
read more... What does the budget have for Bengaluru?
The budget has earmarked ₹ 345 crore for implementation of Phase – I of suburban rail
Now we can expect some concrete steps towards introduction of suburban trains in Bengaluru
Last year also 200 crore was earmarked for Bangalore suburban railways which was not utilized. First GoK and IR need come to a consensus on on cost-sharing.The State has requested a 50:50 cost-sharing ratio for the Special Purpose Vehicle (SPV) which will co-ordinate the execution of the suburban rail project. In its draft policy, the Ministry has proposed equity sharing of 20 per cent by both Union and State governments with the remaining 60 per cent to be arranged by loan funds or other sources.
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