Wednesday, 26 June 2013

Centre hints early nod for Bangalore Metro's second phase

Union Finance Minister P Chidambaram on Tuesday assured Karnataka Chief Minister Siddaramaiah that the Central government would expedite work for Bangalore Metro's second phase, an official statement said. 

The assurance was given when Siddaramaiah called on Chidambaram, a Karnataka government release said. Siddaramaiah is in New Delhi to finalize the state's plan size ahead of the budget he presents on July 12. 

He would be meeting the Deputy Chairman of Planning Commission, Montek Singh Alhuwalia on Wednesday. The second phase of Bangalore Metro will cover a distance of over 70 km and is estimated to cost over Rs 26,000 crore. The project is expected to be completed by 2018.

The release said Chidambaram also agreed to consider the state's request to have the central office of the Women's Development Bank in Mysore, located around 130 km from Bangalore. 

Siddaramaiah told Chidambaram that the state government was ready to provide land and other facilities needed for such an office, the release said.

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