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Tue Jan 17, 2017 16:33:58 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Tue Jan 17, 2017 16:33:58 IST

Blog Entry# 1365827  
Posted: Feb 10 2015 (18:44)

4 Responses
Last Response: Feb 10 2015 (19:55)
  
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Feb 10 2015 (18:36)   Bear entire cost of rail projects in future, Karnataka CM Siddaramaiah tells Centre
 

Jayashree ❖ Amita*^   35103 news posts
Entry# 1365827   News Entry# 212101         Tags   Past Edits
Bangalore (SBC): Chief Minister Siddaramaiah on Sunday urged the Centre to bear the entire cost of railway projects to be implemented in Karnataka in the future and expedite the pending projects.
At the first meeting of the governing council of NITI Aayog in New Delhi, chaired by Prime Minister Narendra Modi, he said that currently the State and the Centre were sharing the cost of the projects equally. “The State has agreed to contribute almost Rs. 10,000 crore in addition to providing the required land,” he said.
The rail network in the State was
...
more...
poor compared to many others and the railway coverage in Karnataka was only 16.9 km per 1,000 sq km, Mr. Siddaramaiah said.
“I have requested the Centre to share our burden on the ongoing projects and increase its share to at least two-thirds of the project cost, including the land cost. As regards new projects, the Ministry of Railways should take them up from their own resources. The Centre must step in to play a much larger role in development of railway connectivity by investing more resources,” the Chief Minister said.
Suburban railway
Mr. Siddaramaiah said the State had requested the Centre to give concurrence for implementing the Bengaluru suburban rail project to provide sustainable railway connectivity between Bengaluru and other cities/towns in the hinterland. But the request was pending with it. However, the Union government had invested on suburban rail projects in Mumbai and Hyderabad, he added.
Mr Siddaramaiah said the preparation of the 2014–15 State Budget had received a serious setback owing to the Centre’s delay to take a decision on the 14th Finance Commission report, which was submitted in October 2014.

  
1197 views
Feb 10 2015 (18:44)
Fan of 12479^~   77267 blog posts   5080 correct pred (77% accurate)
Re# 1365827-1            Tags   Past Edits
Very weird proposal... Why will centre bear entire cost ?

  
1087 views
Feb 10 2015 (18:47)
SRG   34904 blog posts   151033 correct pred (75% accurate)
Re# 1365827-2            Tags   Past Edits
Why shouldn't it??The State govt has agreed for cost sharing on few of existing projects and they are asking the Union govt to bear all costs for future projects which are in pipeline.

  
1008 views
Feb 10 2015 (19:09)
Fan of 12479^~   77267 blog posts   5080 correct pred (77% accurate)
Re# 1365827-3            Tags   Past Edits
If State doesnot share then RM will just scrap the project ( citing lack of funds )

  
1066 views
Feb 10 2015 (19:55)
knkprasad956*^~   2093 blog posts
Re# 1365827-4            Tags   Past Edits
Not a wise move by the CM of Karnataka when the state has poor rail infrastructure when compared to other states especially in South.

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