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News Entry# 541687
Feb 17 (08:25) Bengaluru Suburban Rail Project Faces Funding Gap, Receives Only 31% of Requested Amount
Entry# 5971793   
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Bengaluru Suburban Rail allocated Rs 400 crore, just 31% of sum requested for project

The Bengaluru Suburban Rail Project, estimated at Rs 15,767 crore, received only Rs 400 crore in the budget, which is about 31% of its requirement. This is significantly less than the Rs 1,300 crore requested. The project, being implemented by K-RIDE, is facing a funding gap as contracts for two out...
more...
of four corridors have been awarded. The project has a revised deadline of December 2027, and tenders for the remaining two corridors are yet to be called for. Despite the funding shortage, officials assure that the project will proceed, with additional funds being sought as needed.

Bengaluru ka Rs 15,767 crore ka Suburban Rail Project ko budget mein sirf Rs 400 crore allocate kiya gaya hai, jo ki uske requirement ka 31% hai. Ye uske request kiye gaye Rs 1,300 crore se kaafi kam hai. K-RIDE dwara implement kiya ja raha ye project, funding gap se joodh...
more...
raha hai, kyunki chaar corridors mein se sirf do ke liye contracts award kiye gaye hain. Project ka revised deadline December 2027 hai aur baaki do corridors ke liye tenders abhi tak call nahi kiye gaye hain. Funding shortage ke bawjood, officials ka kehna hai ki project aage badhega, aur zarurat padne par additional funds maange jayenge.
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