The Central government has approved an investment of about Rs 25,000 crore for improving urban infrastructure in Karnataka in the last three years.
"The Central assistance will be about Rs 9,000 crore for the schemes, including Smart City Mission, PMAY(U), AMRUT and HRIDAY," an official release said.
Under Smart City Mission, five cities of Davangere, Belgavi, Shivamogga, Mangaluru and Hubbali-Dharwad have been selected for the financing. The Centre provides Rs 500 crore to each city over a period of five years under the scheme.
Under Pradhan Mantri Awas Yojana (Urban), construction of over 1.46 lakh affordable houses for urban poor in Karnataka has so far been approved with an investment of Rs 6,288 crore with Central assistance of Rs 2,492 crore, it said.
"Karnataka's Badami is among the 12 cities in the country which is selected for Heritage City Development and Augmentation Yojana (HRIDAY) scheme. An investment of Rs 22.26 crore is envisaged for improving heritage related infrastructure in Badami," the release added.
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