Monday, March 26, 2007

Nov 2006-The Hindu : Karnataka / Bangalore News : Rs. 22,536-crore CDP for Bangalore gets approval

The Hindu : Karnataka / Bangalore News : Rs. 22,536-crore CDP for Bangalore gets approval: "
For integrated development of infrastructure services in the proposed Greater Bangalore, the State Government has approved a Rs. 22,536-crore City Development Plan (CDP) under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).A steering committee headed by Chief Minister H.D. Kumaraswamy approved the outlay last week. The Union, State governments and the Bangalore Mahanagara Palike (BMP) will invest in ratio of 35:15:50 in the JNNURM, which will be implemented in the next seven years. In the case of Mysore city, the ratio of investment by the Centre, State and Mysore City Corporation is 80:10.10. The Centre has cleared JNNURM in 63 cities across the country with the required investment of Rs. 1,20,536 crore.JNNURM will cover Rajarajeshwarinagar, Dasarahalli, Bommanahalli, Krishnarajapuram, Mahadevapura, Byatarayanapura, Yelahanka city municipal councils, Kengeri Town Municipal Council, BMP and 111 villages adjacent to the BMP that will merge with the Bruhat Bangalore Mahanagara Palike, official sources in the Bangalore Mahanagara Palike told The Hindu.
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