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..

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 2,2020

Bengaluru, May 2: Former chief minister and Congress leader Siddaramaiah have urged the state government to arrange free-transport facilities to those stranded labourers and their family members to return their native places.

In a statement issued here on Friday, the former chief minister criticised the State Government for having decided to collect bur fare from them, ''three-times more than the regular fare''.

Stating that the migrant labourers, who had been stranded ever since lockdown had been clamped in the entire country are not in a position to pay for their travel, Siddaramaiah urged the state government to treat them with human face.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 1,2020

Coimbatore, June 1: A communal conspiracy has been aborted by the police by arrested a miscreant who had placed meat in front of Venugopala Krishnaswamy Temple and Sri Ragavendra Temple in Coimbatore, Tamil Nadu.

The miscreant has been identified as S Hari Ramprakash, 48, of Kavundampalayam in Coimbatore. He is a civil engineering graduate. It is suspected that He is a Sangh Parivar activist and the intention behind his act was to put the blame on Muslims.

Even though officials claimed that Hari appeared to be mentally disturbed, there were no medical records that stated he was mentally disturbed.

Two separate cases were registered against Hari. He was booked under sections 153 A (promoting enmity between different groups) 295 A (deliberate and malicious acts intended to outrage religious feelings of any class by insulting its religion or religious beliefs) and 298 (uttering words etc, with deliberate intent to wound religious feelings) of the Indian Penal Code.

City police commissioner Sumit Sharan said, “We collected CCTV footage and found a man, who had parked his motorcycle near the two temples and returned from the temples. Based on the registration number, we traced and arrested Hari.”

Commissioner added that the city has CCTV cameras in many places and it helped police officials crack the case faster. The police said he purchased one kg of pork meat from a shop at Kavundamapalaym last Friday morning and placed it in front of the temples on the same day.

Comments

zaki ahmed
 - 
Monday, 1 Jun 2020

Now why is this story not highlighted in national media so that the whole nation knows about the intent of the BJp , the sangh parivar & the rss & also those communal outfits who support atrocities against minorities 

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.