Roads To Get A Shine;Beer To Get Costlier
The Karnataka government seems to be recognizing that Bangalore,the states cash cow,needs more attention than what it has received in recent years.And the recognition could not have come sooner,considering the states growth rate has been slowing.
Chief minister Siddaramaiahs budget presented on Friday lined up projects worth Rs 9,477 crore,to be implemented through the BBMP and the BDA.Last year,this figure stood at Rs 5,540 crore.
Roads are the big beneficiary.Bangaloreans will welcome that,considering that even arterial roads are in a miserable condition.
The proposed allocation for city roads has risen by 66%,to Rs 500 crore,compared to last year.Theres another Rs 300 crore for 12 main roads to be built under the Tender Sure model that specifies a certain high quality,and an equivalent sum for widening important roads.
There is evidence of greater seriousness about building the Rs 5,800-crore Peripheral Ring Road (PRR).The PRR,which skirts the city between Hosur Road and Tumkur Road via Old Madras Road and Bellary Road,will reduce traffic entering the city.
As usual,the budget has proposed to tap alcoholic beverages to rake in more funds.Liquor bills at bars,restaurants,star hotels,clubs and lodges will now attract a 5.5% VAT,in addition to the existing 4.94% service tax.
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