Now Reading: Govt Losing ₹1,000 Cr Annually Over Shivaram Karanth Layout Site Delays: DKS
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Govt Losing ₹1,000 Cr Annually Over Shivaram Karanth Layout Site Delays: DKS
Fast Summary
- Deputy Chief Minister D.K. Shivakumar stated that the Karnataka government is incurring an annual loss of ₹1,000 crore due to a High Court stay on the development of Shivaram Karanth layout.
- The government has invested ₹7,000 crore in the layout but cannot allot sites or proceed due to legal restrictions. Compensation to farmers for land acquisition has also been delayed for 15 years.
- Regarding the ₹26,000-crore Peripheral Ring Road (PRR) project, D.K. Shivakumar emphasized that it cannot be stopped but proposed alternatives like land acquisition under a 60:40 scheme and considering elevated road portions near Gottigere.
- Approximately 5,000 homes built in revenue layouts near Gottigere pose challenges for PRR implementation; though,denotification of land is not being considered by either current or previous governments as preliminary notification dates back to 2006.
- Farmers who present relevant documentation will receive compensation for acquired land; however, no cultivation has occurred on affected lands over two decades despite escalating property prices reaching up to ₹20 crore per acre.
Indian Opinion Analysis
The issues surrounding the Shivaram Karanth layout and PRR project highlight ongoing complications in urban planning and infrastructure development within karnataka. The financial losses tied to stalled projects underscore inefficiencies stemming from prolonged legal entanglements and pending compensatory disputes with farmers-a problem exacerbated by meaningful delays spanning decades.
The emphasis on alternatives such as elevated roads signals attempts at balancing urban development with resident interests while accounting for pre-existing residential structures in revenue layouts like Gottigere’s case. However, these efforts must navigate both fiscal pragmatism given mounting investment costs and adherence to legal procedures tied to public accountability.
This situation reflects broader challenges faced across Indian states as they look toward striking balances between economic progress via large-scale projects-frequently enough influenced by skyrocketing real estate values-and accommodating local stakeholders’ rights.Read more:
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