Karnataka Chief Minister D V Sadananda Gowda on Wednesday proposed an infrastructure development package of Rs 5,500 crore for the overall development of Bangalore through various sources. This would help in providing adequate infrastructure for the growth and development of Bangalore city.
Presenting the 2012-13 budget in the State Legislative Assembly, he said, “The government will come out with a policy to facilitate vertical instead of horizontal development in Bangalore.”
A financial support of Rs 1,000 crore will be provided to Bruhat Bangalore Mahanagar Palike (BBMP) for financing major selected projects including road, parking and solid waste management infrastructure. Cauvery water supply scheme stage 4 phase 2 is likely to be completed by September 2012 bringing additional 500 MLD water to the city, giving much needed relief to the outer areas. Allocation of Rs 1,000 crore for BWSSB has been made.
The entire Phase-1 of Bangalore Metro rail is likely to be completed by December 2013. Within the next nine months opening of another 10.4 kms is planned. An outlay of Rs 500 crore has been provided for the Metro rail.
Five signal free corridors for 51.5 km costing Rs 426 crore would be taken up in 2012-13 to ease traffic congestion. In addition, important roads will be taken up on Tendersure design norms at a total outlay of Rs 200 crore. Construction of 8 parking complexes and solid waste management infrastructure projects both at a cost of Rs 200 crore each would be taken up during 2012-13.
