Cash crunch restricts Silicon City’s development outlay to Rs 7,795 crore
Amid the continuing Covid-19 pandemic and the cash crunch faced by the state government, Chief Minister BS Yediyurappa, who presented his eighth budget — and third straight one — on Monday did not have anything new for Bengaluru in his budget briefcase.
No new projects were announced even as the CM, who also holds the finance portfolio, outlined a total allocation of Rs 7,795 crore for fiscal 2021-22 for the comprehensive development of Bengaluru city – a decrease of about Rs 500 crore from the previous year’s outlay for the state capital.
Among the highlights of the budget focus on Bengaluru was Yediyurappa’s announcement of action to commence work on the Peripheral Ring Road – a project that has been much awaited since more than a decade.
Break-up of Bengaluru’s Comprehensive Development
⏺️ Development of ‘Experience Bengaluru Centre’ on land belonging to Mysuru Lamps Works Limited in Malleswaram.
⏺️ Development of Tree Parks on NGEF land at Byappanahalli and at three other places.
⏺️ Commencement of works on Peripheral Ring Road of Bengaluru city.
⏺️ Grant of Rs 850 crore or suburban rail project.
⏺️ Expeditious completion of second terminal building of Kempegowda International Airport so as to increase annual passenger capacity to 60 million.
⏺️ Implementation of K-100 project at an expenditure of Rs 169 crore to develop Koramangala Valley as a tourist attraction.
⏺️ Development of a Bengaluru Signature Business Park of international standards near Kempegowda International Airport.
⏺️ Action to rejuvenate and upgrade the 248 mld capacity STP at Koramangala Valley at an expenditure of Rs 450 crore in collaboration with BBMP and BWSSB.
⏺️ Central approval expected for the implementation of 58.2-km-long Outer Ring Road – Airport metro network 2A and 2B at an estimated cost of Rs 14,788 crore; Rs 1,600 crore already released for pre-project activities.
⏺️ Action to implement ‘One Nation, One Card’ scheme before August 2021. Facility to use this card in Namma Metro and buses of BMTC.
⏺️ Implementation of Automatic Fare Collection System in BMTC.
⏺️ Establishment of separate company to manage collection, transportation and processing of solid waste of Bengaluru city.
⏺️ Starting of a new multi-speciality hospital in North Bengaluru.
⏺️ Operationalisation of Institute of Gastroenterology Sciences and Organ Transplant, which is being constructed at an expenditure of Rs 28 crore, in the current year.
⏺️ A 50-bed sub-centre of Jayadeva Institute of Cardiology in KC General Hospital of Bengaluru at an expenditure of Rs 20 crore.
⏺️ Establishment of Jan Arogya centres at an expenditure of Rs 10 crore in 57 wards of BBMP.
⏺️ Renovation and reconstruction of BBMP schools at an expenditure of Rs 33 crore.
⏺️ Rs 2 crore reserved for conducting literary and cultural programmes every weekend in Mallathahalli Kala Grama of Bengaluru.