Karnataka Govt to Cover 87.37% of Namma Metro Project Cost: CM

IO_AdminAfrica1 hour ago5 Views

Speedy Summary

  • Chief Minister Siddaramaiah urged the central government to collaborate with the Karnataka state government in further developing Bengaluru, specifically the namma Metro project.
  • The State has funded 87.37% of costs for Namma Metro projects, while the Center contributed onyl 12.63%.
  • Total expenditure on Namma metro projects so far is ₹59,139 crore; out of this, ₹7,468.86 crore was provided by the Centre and ₹25,387 crore by the State.
  • The agreement between Centre and State governments was initially for a 50:50 investment ratio but currently favors more state-level spending due to equity structures and loan repayments managed by Karnataka.
  • Phase 2 aims to expand network coverage to about 117 km with an estimated daily ridership of 15 lakh passengers once completed.
  • A new section (58 km) connecting Ring Road and Kempegowda International Airport under Phase 2A is expected to be finished by December 2027 at a cost of ₹15,131 crore.
  • Civil work on Phase 3A (44.65 km) costing ₹15,611 crore is set to begin soon; feasibility studies are ongoing for Phase 4 covering an additional distance of approximately 53 km.
  • By year 2030, Bengaluru’s metro network could reach up to a planned total length of about 220 km, aimed at accommodating nearly 30 lakh daily commuters.

indian Opinion Analysis

Chief Minister Siddaramaiah’s call for increased funding from the central government highlights critical funding challenges faced during ambitious urban infrastructure development efforts like Bengaluru’s Namma Metro expansion. While acknowledging technical and financial inputs from New Delhi, his remarks bring into focus disproportionate financial contributions-87.37% borne by Karnataka versus just over 12% allocated federally-despite initial plans emphasizing equal investments.

This imbalance underscores broader issues within India’s federal cooperative framework where states often shoulder heavier burdens in implementing crucial infrastructure projects that benefit national developmental goals alongside local needs. If unaddressed through enhanced cooperation or revised funding norms between attendees like Bengaluru Metropolitan area policymakers/Administrations/CAB signals matters inducing indirectly-bearing Crossstate accountabilityfs

0 Votes: 0 Upvotes, 0 Downvotes (0 Points)

Leave a reply

Recent Comments

No comments to show.

Stay Informed With the Latest & Most Important News

I consent to receive newsletter via email. For further information, please review our Privacy Policy

Advertisement

Loading Next Post...
Follow
Sign In/Sign Up Sidebar Search Trending 0 Cart
Popular Now
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...

Cart
Cart updating

ShopYour cart is currently is empty. You could visit our shop and start shopping.