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Budget announces ₹14,788-crore funding to boost Bengaluru’s urban mobility
February 02, 2021
Funding to take up metro connectivity to airport, tech-corridor
The Budget 2021 has proposed funding of ₹14,788 crore to complete two key routes of Bengaluru Metro Railway Project (BMRCL) Phase 2A and 2B of 58.19 km and the 278 km Bengaluru-Chennai expressway.
The two phases of Bengaluru Metro are said to be a gamechanger and improve the city’s urban mobility.
According to a BMRCL official, Phase 2A connects the technology offices (tech corridor) along the Silk Board to KR Puram on the outer ring road (ORR). “This phase will have 13 stations – Silk Board, HSR Layout, Agara, Ibbalur, Bellandur, Kadubeesanahalli, Kodibisanahalli, Marathahalli, ISRO, Doddanekundi, DRDO Sports Complex, Mahadevapura and KR Puram.”
Karnataka slashes user cess on APMCs from 1% to 0.60%
Mon, Dec 28 2020 08:34:32 PM
From Our Special Correspondent
Daijiworld Media Network
Bengaluru, Dec 28: Karnataka has decided to slash the market user cess imposed in Agriculture Produce Market Committees (APMCs) from 1% to 0.60% of the transaction value.
The decision taken at the state cabinet meeting presided by chief minister B S Yediyurappa on Monday is expected to benefit of 36,000 registered traders in 161 AMPCs in the state.
The state government issued an order on December 15, 2020, and increased the user fee in APMCs to 1%.
Traders demanded a total withdrawal of the hike in user cess and demanded a level playing field with the trade that occurs outside the APMC jurisdiction.
Much ado about nothing? No garbage cess proposal
Much ado about nothing? No garbage cess proposal
ByY Maheswara ReddyY Maheswara Reddy / Updated: Dec 18, 2020, 06:00 IST
Palike chief says there was never a plan to take a Rs 200-user fee for door-to-door
garbage collection
In November D Randeep,
BBMP Special Commissioner, SWM, made a startling declaration. He said, the Bruhat Bengaluru Mahanagara Palike (BBMP) is all set to collect Rs 200 as user fee from households for door-to-door collection of garbage in the city. Now, coming at a time when people were facing financial crises and were in trouble due the pandemic and its aftermath, this was received with a huge furore.
Updated Dec 17, 2020 | 13:06 IST
Land prices in Karnataka have come back in focus with Bengaluru-based cab aggregator Ola deciding to invest Rs 2,400 crore to set up an industry to produce electric bikes in Hosur, Tamil Nadu. Increasing land prices pushing investment beyond Karnataka, Ola sets up new factory in Hosur. | Photo Credit: IANS
Bengaluru: The state’s increasing land prices are making investors look away. Huge costs of land acquisition are proving to be a big roadblock for the state to convert investment proposals into projects.
This has come back in focus with the city-based cab aggregator Ola deciding to invest Rs 2,400 crore to set up an industry to produce electric bikes in Hosur, Tamil Nadu, because it found land cheaper there. Land prices in Hosur are 50% cheaper than in districts around the city, government sources say.