Amid allegations raised by MLA Sathish Reddy and corporators over the delay in the widening of the Bannerghatta Road, Bruhat Bengaluru Mahanagara Palike (BBMP) officials said the work along one of the major high-density corridors is progressing slowly. According to the BBMP, the work is taking place along various parcels of land along the road […]
Category: Roads
Rs 125-cr flyover replaces two Rs 43-crore projects
In a bid to modify the signal-free corridor project between Mysuru Road and Bannerghatta Road, the BBMP has scrapped the plan to build two underpasses and has sought to invest the same money on a one-km flyover which will cost Rs 82 crore more. The Bruhat Bengaluru Mahanagara Palike (BBMP) has sent a proposal to […]
Connectivity lifeblood of eco; focus on highways: FM
Terming connectivity as the “lifeblood” of the economy, Finance Minister Nirmala Sitharaman on Friday said a massive push was being given to all sorts of connectivity, including highways. Tabling the Modi 2.0 government’s maiden budget in Parliament, Sitharaman said a comprehensive restructuring of National Highways Programme was on the anvil to ensure that the National […]
Kochi’s 2-yr-old flyover needs repair worth Rs 18.5 cr
A flyover in Kochi city, constructed by spending Rs 42 crore and commissioned in October 2016, now requires restoration work worth Rs 18.5 crores. The Palarivattom flyover on the NH by-pass in Kochi, which was designed by a Bengaluru-based firm, was constructed with an estimated life of about 100 years. But it developed cracks within […]
Budget lays down plan to invest in infrastructure
Hon’ble Finance Minister Mrs. Nirmala Sitharaman has presented her maiden budget with emphasis on infrastructure investment to make India USD 5 trillion economy. India will reach USD 5 trillion economy by 2024 with accelerated development targeted in next 5 years. The budget has laid down plan to invest in building physical and social infrastructure, pollution-free […]
KG Layout allottees seek hi-tech zone
The site allottees of Kempegowda Layout have written to the Karnataka Industrial Areas Development Board (KIADB) to revive its plan of creating a hi-tech zone in the layout. The hi-tech zone is planned to be an industrial and commercial area. The allottees have asked the government to speed up work on the zone for which […]
BBMP to invest in 29 skywalks based on demand
Despite their rising unpopularity, BBMP is going to invest its money in building 29 skywalks in the city. Out of the 153 proposed skywalks, only 37 are completed by the Bruhat Bengaluru Mahanagara Palike (BBMP). Instead of completing the pending skywalks, the Palike has proposed 29 new structures at various locations considering “huge demand”. BBMP’s […]
BTS Main Road to bear brunt of elevated corridor
More than 250 buildings will be demolished while roads repaired under the ambitious white-topping project of the BBMP will become history if the elevated corridor project from Shantinagar to Central Silk Board (7.22 km) goes ahead, according to a citizen-led Social Impact Assessment report. The citizen volunteers’ team comprising activists from Bus Prayanikara Vedike, Citizens […]
DH Deciphers | Is there a crisis in the NBFC sector?
Earlier this week, a top government official, Corporate Affairs Secretary Injeti Srinivas, flagged an imminent crisis in the Non-Banking Financial Companies (NBFC) sector. Specifically, he pointed to a credit squeeze, over-leveraging, excessive concentration, a massive mismatch between assets and liabilities, coupled with some misadventures by some large entities, as primary concerns in the sector. What […]
Bridge work at Yermal Kalsanka hangs in balance
The construction of a bridge at Yermal Kalsanka taken up three years ago, as a part of the four-laning of NH 66, remains incomplete even to this day. The work on the bridge commenced in May, 2017. However, it was stopped within a month due to the monsoon. After the monsoon had receded, the work […]
Farmers oppose NH-206 project
Farmers protested outside the offices of the National Highways Authority of India on Monday, demanding that the government drop new NH 206 project. The farmers alleged the government acquired thousands of acres of fertile land in Chikkamagaluru, Hassan and Tumakuru districts for the five-lane highway paying lower than the market value. They demanded the government […]
Top govt official flags imminent crisis in NBFC sector
There is an “imminent crisis” in the non-banking financial companies (NBFCs) sector and misadventures by large companies and a credit squeeze present ‘a perfect recipe for disaster’, a top government official said on Sunday. In recent months, the country’s financial system has been hit by a default at Infrastructure Leasing and Financial Services (IL&FS) and […]