Karnataka govt finally cancels Bengaluru steel flyover project

[email protected] (CD Network)
March 2, 2017

Bengaluru, Mar 2: The Karnataka government today decided to scrap the controversial Bengaluru steel flyover project that was aimed at decongesting the road that connects the city with its international airport and surrounding areas.steel

"...We have decided to cancel the steel bridge project. I have spoken to the Chief Minister, and the Chief Minister has agreed to it," Minister for Bengaluru Development and State Town Planning K J George told reporters here.

The Rs 1,800-crore project had been facing stiff opposition from citizen groups over environmental concerns and doubts over its sustainability model. Questions were also raised regarding escalation in its cost.

An estimated 812 trees would have had to be felled for the project that was stayed by the National Green Tribunal last year. Recent allegations of crores of rupees received as kick back in connection with the project, allegedly mentioned in diary entries of Congress MLC Govindaraju, had also marred the project.

Govindaraju's alleged diary entries, reportedly consisting of information relating to payoffs made by state Congress leaders to the party's central leaders, have kicked up a political storm in the state.

As the minister made the announcement of abandoning the project, a few Congress MLAs opposed the move in the presence of the media, calling it "anti-development". They demanded that a decision should not be taken in haste because of false allegations by BJP.

Responding to this, George said "....they (BJP) are making false allegations on government, they are doing it without any evidence. We don't want to construct this steel bridge with allegations of corruption."

BJP President B S Yeddyurappa had earlier alleged that those in the government, including Chief Minister Siddaramaiah, had "benefited from the project in the form of commissions and kickbacks."
Earlier in the day, to a question about the decision on scrapping the project, Siddaramaiah said the steel bridge was proposed to ensure less traffic for Benguluru residents.

"If Bengaluru people don't want, why do we want it?" he asked.

He said George was holding a meeting with city MLAs to seek their opinion on the project. Claiming victory over government's decision to drop the project, opposition BJP has now demanded a CBI inquiry.

"....finally it (government) has abandoned the steel bridge project which was full of corruption and loot. If CBI inquiry happens, all the allegations will be proved hundred per cent and the Chief Minister will have to resign. So fearing it, they have dropped the project", Yeddyurappa said.

He said the BJP will raise the issue during the Budget session of the legislature, starting from March 15. George said, "Earlier they had accused a minister of corruption, now they are saying the Chief Minister's family is involved....we don't want the steel bridge with allegations, we are here for the people. Give me evidence, I'm ready to resign and I'm ready for any punishment..."

"Give me suggestions, I’m ready to take. Those who are in favor of Bengaluru development, would not have opposed the project," he said.

Comments

Rikaz
 - 
Thursday, 2 Mar 2017

Rajesh, if you want to get a minister's like George you will have pray 1000 times....very clean politician....only states development is there in his mind....and does exactly that....

you go and check X CM Yeddi and all other his ministers...they have looted our country like hell....made our state treasury a big zero....

Rikaz
 - 
Thursday, 2 Mar 2017

Yaddi is hungry for power....may be before that his fate will also be like Sasikala of Tamilnadu..

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News Network
July 19,2020

Bengaluru, Jul 19: The Karnataka Deputy Chief Minister C N Ashwathnarayan on Saturday inspected the country's first modular Intensive Care Unit (ICU) containers.

A notice from the Chief Minister's Office (CMO) said that the new mobile modular container ICUs, which will be used in the fight against the ongoing COVID-19 pandemic, have been created by Rinac India Limited, known for setting up sanitised operation theatres and clean rooms in hospitals.

On a pilot basis, the Deputy CM, who is also in charge of setting up COVID-care centres, said that 10 modular container ICUs will be deployed at the KC General Hospital in Malleshwaram. Each of the containers will have five beds.

Deputy CM Ashwathnarayan also said, "These mobile ICUs donated by Rinac will be useful, particularly in times of a crisis like COVID 19 or any natural calamity."

"The entry of health officials will be through an airlock, and entry of patients will be through a different door. There will be two doors for patients and can be increased if need. ICUs are fitted with cameras to monitor online from a centralized monitoring station, thereby limiting the exposure of the health personnel," the CMO informed.

The CMO further added, "the advantages of this new system are that the prefabricated modules of 5 can be shifted to any location by trailers and it is easy to deploy multiple containers to create a common facility. They are easy to clean and the airtight functionality ensures that no moisture or heat ingression happens, hence, it is easy to air-condition or ventilate."

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News Network
June 10,2020

Mangaluru, Jun 10: A youth, who staged suicide drama at Netravati River Bridge near Thokkottu on the outskirts of the city, reportedly found alive in Shivamogga today.

Praveen Saphalya a 28-year-old man from Kurnad village in Bantwal taluk was missing since yesterday. His motorbike was found abandoned on the Netravati bridge at around 7:30 p.m. on Tuesday (June 9).

It was suspected that he had committed suicide by jumping off the bridge. Hence, police and fire fighters had launched a search operation for his body in the river with the help of divers on Wednesday morning.

Meanwhile, the missing person reportedly surfaced in Shivamogga this morning.

According to sources, Saphalya was working as salesman for SLRK Limited, is reportedly deep in debt. Unable to face the harassment of his creditors, he had parked the bike on the bridge and left the city, sources said. Local police are probing the matter.

Also Read: Mangaluru: 33-year-old man found dead on Netravati river bank

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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