Karnataka govt to pump Rs 7,300 crore into Bengaluru over next two years

This move comes ahead of the 2018 state elections, where Bangalore will play a crucial role
Karnataka govt to pump Rs 7,300 crore into Bengaluru over next two years
Karnataka govt to pump Rs 7,300 crore into Bengaluru over next two years
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Planning to give Bengaluru a complete makeover, the Karnataka government is reportedly going to spend a staggering Rs 7,300 crore on the city in the next two years.

This was part of the action plan submitted to the state cabinet on Wednesday by the BBMP.

Times of India reported:

This is, perhaps, the first time that such a huge amount is being injected into Bengaluru city. Of course, the man at the forefront of execution will be Bengaluru in-charge minister KJ George, who is close to Siddaramaiah. Bengaluru, with 28 assembly seats, will be crucial to Siddaramaiah as well as the Congress in the 2018 elections.

Speaking to TOI, law minister TB Jayachandra said “Though the finance department had not agreed to the demand for Rs 7,300 crore and chose to downsize it to Rs 6,500 crore we have decided to release the whole amount keeping in mind the development works to be carried out in Bengaluru. Any infrastructure development work worth over Rs 10 crore will have to be vetted by a high-level committee before being forwarded to the government for approval.“
 

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