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MCC mulls widening 22 roads and junctions to relieve traffic congestion

[email protected] (CD Network)
October 14, 2014

mangaloreroad

Mangalore, Oct 14: In order to relieve the traffic congestion and enable smooth flow of traffic in the city, especially during peak hours, the Mangalore City Corporation has decided to propose the widening and development of 22 roads in the city limits.

After several complaints from motorists and citizens over the regularity and rise of traffic congestion in most major traffic junctions in the city during the day, the city corporation decided to ensure better traffic management with widening of roads and major junctions in the city.

To achieve this, it was decided in a city council meeting to widen and develop selected roads which would help in easing the traffic congestion. It was also proposed that the major junctions and circles in city corporation limits would be widened and developed through tenders to help ease the congestion in traffic and avoid blockades.

As per the proposal, Circuit House junction, Kavoor junction, Rao and Rao junction, Clock Tower junction, Lower Bendoor junction, Navabharat junction, Kankanady junction, Karavali junction, Karangalpady junction, Bondel junction, Nandigudda junction, City Hospital junction and Ivory junction will be widened and developed.

The roads proposed to be widened and developed are: 1. Kavoor junction to Kavoor Mahalingeshwara temple, 2. Maryhill junction to Bondel junction (development of footpath, storm water drain), 3. Yeyyadi to Shaktinagar concrete road, 4. Derebail - Konchady to Mullakadu, 5. Kuntikana fire station to Barebail-Yeyyadi concrete road, 6. Urwa Store to Urwa Market and Ashoknagar, 7. Kadri Park to Padua High School (NH Junction), 8. Padavu High School to Sharbath Katte, 9. Kalpane Kulshekhar (NH-13) to Shaktinagar, 10. Suryanarayana temple road in Maroli, 11. City Hospital junction to Pinto's Lane (via Kadri Kambala), 12. Bunts Hostel to PVS junction, 13. Navabharath Circle to Besant College (via Sharada Vidyalaya), 14. Six lanes along KSRTC - Lalbagh road, 15. K S Rao Road, 16. New Balmatta Road (Jyothi to Ivory junction), 17. Milagres junction to railway station, 18. Nandigudda to railway station, 19. Sturrock road (Ivory junction to Anand Shetty Circle, Attavar), 20. S L Mathais Road (Casa Grande to Highland junction), 21. Falnir Road (Ivory junction to Kankanady circle), 22. Kankanady railway station road (near Nagori)

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Bengaluru, Jun 11: Chief Minister BS Yediyurappa on Thursday allowed the Opposition Congress party's newly elected state president DK Shivakumar to have a formal swearing-in function.

He told media, “I have spoken to Shivakumar and informed him to conduct the event after taking precautionary measures against the spread of the COVID-19 disease”.

The move came after the state government received flak from the main Opposition Congress leaders, for refusing to permit the newly elected State Congress president to have a formal swearing-in function take reigns from his predecessor Dinesh Gundu Rao.

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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.

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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.

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"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.

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News Network
March 5,2020

Bengaluru, Mar 5: At 11 am on Friday, Chief Minister BS Yediyurappa will present the State Budget for the 2020-2021 fiscal. Coming at a time when the state is facing financial challenges, the budget is expected to have minor tax shocks for citizens, while making space for big-ticket allocations to the agriculture and water resources ministries. Thursday's budget will be Yediyurappa’s seventh.

“Agriculture is our primary focus. The recent gazette notification of the Mahadayi tribunal order is a welcome move for Karnataka and we will make budgetary allocations for this too,” the CM had said.

The cut back in devolution of funds for Karnataka from the divisible pool, trimming of funds from the Union Government for Centrally-sponsored schemes and tax collections falling short of revenue targets have made matters tough for Yediyurappa. The consolation may be the part payment of one installment of GST compensation from the Centre. The GST compensation, in part for the October-November period, was released to the state in time for tabling of the budget.

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