Press Esc to close

Karnataka govt to release Rs 150 crore for rail projects

Bangalore, Oct 3, 2013 (PTI) 17:10 IST
File Photo.
The Karnataka government will release Rs 150 crore this month for railway projects in the state being taken up with the Ministry of Railways on a cost-sharing basis, Chief Minister Siddaramaiah said today.

A sum of Rs 100 crore has already been released in this regard, and Rs 150 crore would be pumped in this month, the Chief Minister said after a meeting with senior Railway officials.

"The remaining amount, including additionalities, would be released this year," Siddarmaiah said.

In addition to the Rs 350 crore Budget provision made by the Karnataka government for the projects, the state would have to provide another Rs 200 crore as its share as Union Railway Minister M Mallikarjuna Kharge, who hails from the State, had announced additional funding for such projects in Karnataka, the Chief Minister said.

Minister of State for Infrastructure Development Santosh Lad said Karnataka would give within a week a list of projects to the Railways that needed to be taken up on a priority basis.

State officials said the government has taken proactive steps to speed up land acquisiton, including invoking emergency clause, and 2500 acres was acquired and handed over to the Railways in the last three years.

The state government urged the Railways to focus on completing and operationalising ongoing projects that are nearing completion such as Kolar-Chikkaballapura gauge conversion, Kadur-Chikmagalur and Kottur-Harihara lines.

State officials expressed concern that the burden of cost-sharing is high and uncertain. While initial approval for projects is based on line estimates, their cost gets escalated, they said.

They also pointed out that the fund requirement for already committed projects is around Rs 10,000 crore in addition to land acquisition cost.

"Hence, Railways should encourage public-private-partnership when PPP policy has been announced," officials said.

According to officials, there are 27 Railway projects in Karnataka having a total length of 2876 km and anticipated cost of Rs 22,400 crore. There are 16 projects which are being cost shared by Government of Karnataka.

Go to Top

More from this section
Most trending stories
Photo Gallery
BJP supporters during a BJP campaign rally attended by Prime Minister Narendra Modi...

BJP supporters during a BJP campaign rally attended by Prime Minister Narendra Modi...

Canadian Prime Minister Justin Trudeau with his son Hardien walks towards...

Canadian Prime Minister Justin Trudeau with his son Hardien walks towards...

Rolls-Royce Asia Pacific Regional Director Paul Harris at the launch of eight generation...

Rolls-Royce Asia Pacific Regional Director Paul Harris at the launch of eight generation...

Pigeons fly over the historical Jama Masjid in New Delhi...

Pigeons fly over the historical Jama Masjid in New Delhi...

BJP MP Hema Malini addresses a press conference regarding Braj Holi Rasotsav...

BJP MP Hema Malini addresses a press conference regarding Braj Holi Rasotsav...

Inmates of Netaji Subhash Chandra Bose central jail perform a tribal dance...

Inmates of Netaji Subhash Chandra Bose central jail perform a tribal dance...

A view of Sunder Nursery at Hazrat Nizamuddin in...

A view of Sunder Nursery at Hazrat Nizamuddin in...

Mahila Congress activists make 'pakodas' to protest against alleged unemployement...

Mahila Congress activists make 'pakodas' to protest against alleged unemployement...

Canadian Prime Minister Justin Trudeau and First Lady Sophie Grgoire greet visitors...

Canadian Prime Minister Justin Trudeau and First Lady Sophie Grgoire greet visitors...

Gold medalist Mariama Jamanka of Germany gets lifted by silver medal winner Lauren Gibbs...

Gold medalist Mariama Jamanka of Germany gets lifted by silver medal winner Lauren Gibbs...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.