K'taka to spend over Rs 1,800 cr on B'lore

Bangalore, Jul 17: Karnataka Government has earmarked Rs 1,800 crore, including Rs 700 crore for the City Metro Project, for the development of country's IT and BT hub, Bangalore, in the Budget for 2008-09 presented in the State Assembly here today.

Presenting the Budget, Chief Minister B S Yeddyurappa also announced Rs 300 crore for the Bruhath Bangalore Mahanagara Palike (BBMP) as a supportive grant.

He said Rs 700 crore would be spent on taking up infrastructure facilities to provide drinking water, roads and sewerage facilities.

The government proposed to take up a 65 km-long Outer Ring Road Project costing Rs 3,000 crore under Build, Operate and Transfer (BOT).

It was also proposed to spend Rs 350 crore to build ten flyovers and underpass to ensure hassle-free movement of traffic in the existing Bangalore Ring Road.

Mr Yeddyurappa also announced a new layout in the name of Bangalore Founder Kempegowda costing of Rs 2,610 crore to distribute over 60,000 house sites.

The new lay out would be developed by Bangalore Development Authority (BDA).

UNI