'BSY' to fulfil your dream for house

“The State Government has planned to implement the scheme at district and taluk levels for which 500 acre land will be acquired. The process of acquiring 100 acre land in various parts of the State has already been completed,” Minister for Housing and Information Technology Katta Subramanya Naidu told reporters here after hoisting the national flag on Sunday.

He said 325 square feet house costs Rs 3.60 lakh while it is Rs 4.25 lakh for a 400-sq ft house. House measuring 450 square feet will cost Rs 4.90 lakh.

The model houses under the State Government initiative are already constructed in Yelahanka. It is a self-financing scheme and no subsidy will be offered. Loan up to Rs one lakh will be given to the beneficiaries.

BSY stands for...

On the scheme named after Chief Minister B S Yeddyurappa, he said: “BSY stands for Bhagya-Sundara-Yashaswi.” However, he was quick to add: “If the housing schemes are named after Rajiv Gandhi and Indira Gandhi, why not Vajpayee and B S Yeddyurappa. There is nothing wrong in naming development work after the chief minister.”

He said 6.36 lakh houses have been constructed by the Rajiv Gandhi Housing Corporation in the past two years. It has been planned to construct two lakh houses under ‘Namma Mane’ scheme, 1.5 lakh houses under Indira Awas Yojane and one lakh units under the Vajpayee Housing Scheme this year, he said.

‘IT was impressive’

He said IT sector in the State is expected to create 5.80 lakh jobs this year. The performance of IT companies in the State during global economic recession was impressive.

He said, software exports from the State stood at Rs 75,000 crore last year. When companies across the world are going for retrenchment, it was a reverse trend here as 5.50 lakh fresh graduates were recruited by IT-BPO companies last year.

IT companies  at non-Bangalore centres in the State were able to earn Rs 800 crore revenue through exports, the minister said.

A centre for Information Technology will soon be set up here in line with the government’s plan to take IT knowledge to Tier-II and Tier-III cities, the minister added.
“The centre, coming up in collaboration with a British firm, is being developed on a five acre plot and will become operational by this year end,” he said.

Apart from this, a rural BPO centre would also be set up in this city to provide education, training and expertise to youth and young graduates, Naidu said.

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