The decks have finally been cleared for Ring Road project connecting Dobaspet and Hosur under the Bharatmala Pariyojana that will help decongest the traffic in Bengaluru, Karnataka.
All concerns related to land acquisition have been resolved and even the state government has agreed to give GST exemption on items such as steel, cement sand and aggregates used in road construction.
The project was pending for the past six years due to land acquisition and other issues.
The state government has decided to bear 30 percent cost amounting Rs 1,560 crore towards land acquisition and around Rs 1,000 crore towards exemption of state GST on road construction material especially steel, cement sand and aggregates.
Besides, Karnataka Chief Minister Basavaraj Bommai sought approval for construction of a tunnel bypass of the Shiradi Ghat section of NH-75, which is an important highway connecting the port city of Mangaluru and Bengaluru, as a joint venture in association with the Japanese government.
The capital cost of this project is Rs 10,146 crore. Among others projects, he sought expansion of Bijapur-Sankeshwar NH-5488 and declaration of five state roads as national highways while discussing various road projects.
In a meeting with Union Minister of State for Skill Development and Information Technology Rajeev Chandrashekar, the CM also discussed about setting up an electronic manufacturing cluster over 400 acre between Bengaluru and Kolar.
A request was made to form a special scheme for expansion of optical fiber network under the rural digital policy and a skill development centre at the state level.
He also urged to reconsider including four more cities Kalburagi, Mysuru, Vijayapura and Ballari-under the Smart City Mission (SCM). He also sought an early approval of 93 projects worth Rs 8,748 crore submitted under the Sagarmala Programme.
The detailed feasibility reports for 16 projects are with Sagarmala Cell and seven projects are with the Sagarmala Development Company.