BANGALORE GETS 160 KM OF URBAN TRANSPORTATION NETWORK WITH AN ESTIMATED OUTLAY OF RS.17000 CRORE IN 2018 UNION BUDGET


The Finance Minister Arun Jaitley has announced a proposal for a suburban network at an estimated cost of ₹17,000 crore “to cater to the growth of the Bengaluru metropolis”. The State Cabinet had, on Wednesday, approved investing 20% of the total project cost — ₹1,745 crore — over the next two years.

 

The project, to be partially elevated within core areas of the city, is expected to be implemented on a 50-50 ratio between the Centre and the State.