Indian Railways News => | Topic started by riteshexpert on Sep 03, 2013 - 14:57:35 PM |
Title - Govt plans Rs 2,100 cr push to develop 8 towns around BangalorePosted by : riteshexpert on Sep 03, 2013 - 14:57:35 PM |
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BANGALORE: The Karnataka government is drawing up a Rs 2,100 crore project with loan assistance from Asian Development Bank, to develop and upgrade eight city clusters around Bangalore to woo investment and ease the load on the State capital.The city clusters proposed to be developed are Nelamangala, Magadi, Anekal, Bidadi, Dabaspet, Harohalli, Devanahalli and Hoskote, Urban Development Minister Vinay Kumar Sorake told reporters here.Officials said the objective is to attract investment in those clusters by developing and upgrading them and "dispersing Bangalore investment" into these areas.Meanwhile, they said detailed project report on Phase-I of the Rs 8,759-crore suburban rail system for Bangalore comprising five corridors, including from the city to Tumkur, Ramanagara and Bangarpet, would be completed "very soon".Officials said a Special Purpose Vehicle -- Bangalore Suburban Rail Corporation -- would be set up for implementing the project which is expected to ease congestion in the city. |