Rs 8,409 cr for Bengaluru but Metro gets less this time
In a bid to win over Bengalureans ahead of state and city elections, the Karnataka government on Friday allocated Rs 8,409 crore for the city’s development. This is the biggest allocation for the city in two years. While the sum may seem big, the spending capacity or the funds released have been just around Rs 2,000 crore a year in the last five years.
Of the Rs 8,409 crore, Rs 6,000 crore has been earmarked under the ‘Amruth Nagarothana’ scheme for providing basic infrastructure. Around half of this grant has been already distributed to 28 constituencies and the MLAs have been given powers to finalise the works.
