Karnataka to pump Rs.1, 188 Cr for smart cities this year

Karnataka government will release a fund of Rs. 1,188 crore for the smart city mission this year, announced the state Governor Vajubhai Vala at the Republic Day celebrations held at Bengaluru.

“Karnataka had been the torch-bearer of the development agenda of the country and my government is striving hard to take the state to a greater heights in its pursuit to make India a great powerhouse,”said Vajubhai Vala.

Last year the state government has spent Rs.776 crore for developing six smart cities across the state. These cities are Mangaluru, Belagavi, Shivamogga, Hubballi-Dharwad, Tumakuru and Davanagere. Karnataka has also commissioned new projects like ‘Power to all by 2020’ to reduce deficiency of power. The state has also strengthened transmission work to increase the additional generation capacity of 3657 MW.

In his republic speech, Vala also said Karnataka received Rs. 1.40 lakh crores in investment till September, 2016 which created 15 lakh employment opportunities in the state. He further added that  Karnataka will continue to lead the country in IT and BT sectors