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Reduced KKRDB funds may hit development works

Reduced KKRDB funds may hit development works Updated: Updated: Share Article AAA The State government has reduced grants to the Kalyana Karnataka Regional Development Board by 25 % for the 2020-2021 financial year. Though the Yediyurappa-led government recently promised to increase the special grants for the region from ₹ 1,500 crore to ₹ 2,000 crore, it has approved of only ₹ 1,134 crore against the ₹ 1,500 crore annual allocation for KKRDB. According to sources, of the total approved funds of ₹ 1,134 crore, the government has released only ₹ 544.03 crore in two instalments, and there is no clarity over the balance ₹ 590 crore funds. Another ₹ 308.70 crore approved of for the board last year is yet to be released by the government.

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