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Karnataka appeals to European Investment Bank to fund state projects

News Network
January 12, 2019

Bengaluru, Jan 12: The Karnataka government has signed an agreement with European Investment Bank (EIB) under which the Bank will be funding 200 million euros for Bangalore Metro Rail Corporation Limited (BMRCL) for Phase-2 Reach-6 project from Nagawara to Gottigere in the City.

Thanking the EIB for funding the metro project, Deputy Chief Minister G Parameshwara said "I would like to reiterate our Chief Minister's request that EIB may consider funding other infrastructure and sustainability projects in the State."

Stating that this is the second tranche of the payment of 500 million Euros, Parameshwara said that the Asian Infrastructure Investment Bank (AIIB) has also agreed to lend 300 million Euros. In all, 800 million Euro will come for the project.

Karnataka Chief Minister H D Kumaraswamy, State Government top officials and EIB member Maria Shaw Barragan were present at the signing of the agreement, according to an official release here on Saturday.

Later, Dr Parameshwara addressing a delegation from Malaysia that they are welcome to extend financial and technical support to various City development projects. "We welcome all help and also assure all facilities needed."

He was speaking to a 11 member delegation headed by Malaysia MP and political leaders headed by Dato Seri Abrahim Seri during a meeting in which Mr Kumaraswamy was also present.

Dr Parameshwara said that the State is in forefront since 1980 in IT-BT and more than 80 per cent of IT & BT companies are located in Karnataka. The State is first in the country to come out with a separate Policy for Startups and recently the State has come out with a separate Bio Technology.

He also sought help from the delegation for the proposed Elevated Corridor project to be taken up in the State Capital Bengaluru to ease traffic congestion.

Comments

Sandeep Ullal
 - 
Saturday, 12 Jan 2019

What kind of fund. Is they investing as a partner or giving as loan

Mohan
 - 
Saturday, 12 Jan 2019

HDK doing great. Leave disagreement and small issues among cong-jds

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News Network
May 23,2020

Mangaluru, May 23: Domestic flight services will resume from Mangaluru International Airport (MIA) from May 25 as per the instructions of Union Civil Aviation Ministry. Six Indigo and SpiceJet flights will be operated from Mangaluru to Bengaluru, Mumbai and Chennai.

Air-India is yet to finalise its schedule, airport sources said. Three Indigo flights will depart from Mangaluru to Bengaluru, Mumbai and Chennai and three flights of SpiceJet will leave for Bengaluru and Mumbai on May 25.

SpiceJet flight will take off from Bengaluru to Mangaluru at 8.30 am and7 pm while Indigo will take off from Mangaluru to Bengaluru at 5.55 pm. SpiceJet flight will take off from Mangaluru at 10.20 am and 9.35 pm while Indigo will depart at 7.30 pm.

From Mumbai, Spice Jet flight will take off at 7.05 am and Indigo at 9.30 am. The Mangaluru-Mumbai SpiceJet flight will take off at 9.05 am and Indigo at 11.40 am. Indigo flight will depart from Chennai to Mangaluru at 5.45 pm and from Mangaluru to Chennai at 8.05 am.

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News Network
July 12,2020

Bengaluru,  Jul 12: In view of the rising COVID-19 cases in Bengaluru, a complete lockdown will be implemented in Bengaluru City and Bengaluru Rural areas from 8 pm on July 14 to 5 am on July 22.

"Essentials such as hospitals, groceries, milk, fruit, vegetables, medicines will be available during this period. In addition, medical and postgraduate examinations will happen as already scheduled," the Karnataka CMO informed.

Chief Minister BS Yediyurappa appealed: "Co-operate with all social security policies, wear masks, and abide by government-issued lock-down guidelines for buying everyday items. Your collaboration is essential to controlling the spread of COVID-19 infection."

"I would like to congratulate all Asha activists, medical and police personnel, officers, volunteers, journalists and all those who work directly and indirectly to control the spread of COVID-19 infection," he added.

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News Network
May 22,2020
Bengaluru, May 22: Evacuation planes from Male in Maldives and Doha in Qatar landed in Bengaluru with returnees from Karnataka after they were stranded for two months due to suspension of international flights since March 23 and the extended lockdown, an official said on Friday.
 
"An Air-India flight (#0266) with 152 passengers from Male and its subsidiary Express flight (IX-0822) with 177 returnees and 5 infants from Doha landed here safely at 6.50 pm. and 9.05 pm respectively," an airline official told media persons in Bengaluru.
 
Both the flights are first from their respective countries to Bengaluru, bringing in returnees to the southern state in the second phase of the Vande Bharat mission, being carried out to evacuate Indians stranded the world over.
 
"As per the standard operating procedure and guidelines of the state health department, all the passengers were screened with thermal device and tested to ensure they were asymptomatic before leaving the airport," a nodal officer said.
 
The returnees were given a spare mask to wear all the time and a sanitiser to wash their hands.
 
"The luggage of all passengers was screened and disinfected before handing over to them after they completed formalities such as filling the self-declaration form and downloading of the Quarantine App for contact tracing later,” said the official.
 
The passengers were ferried from the airport in state-run buses in batches for 14-day institutional quarantine in hotels and resorts across the city.
 
The flights were the 6th and 7th flights to Karnataka, of the national carrier and its Express arm, which are operating the service to repatriate thousands of Indians, including distressed workers, migrants, students, senior citizens and tourists, stranded overseas.
 
Five flights have flown about 650 returnees till date from May 18-21 under the mission's second phase to Bengaluru and Mangaluru on the west coast. The passengers have been brought from Dubai in the UAE, Kuala Lumpur in Malaysia, Muscat in Oman, Dammam in Saudi Arabia and San Francisco in the US.
 
The remaining flights to Karnataka will land in Bengaluru and Mangaluru over the next 12 days till June 3 from 9-10 more destinations the world over.
 
In the first phase of the mission from May 7-17, the airline and its arm flew 6 flights to the state from May 11-15, bringing in 800 passengers, including 623 to Bengaluru and 177 to Mangaluru from London, Singapore, San Francisco and Dubai.

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