In Karnataka's Madikeri, newly-elected MLA Appachu Ranjan flagged off work on road and drains taken up under the Chief MinisterÂ’s Small and Medium Town Development programme on May 20. The total cost of the work is Rs 30 crore. The Rs two-crore work on laying concrete road from Ranipete Junction to Convent Junction in Madikeri will be taken up in the first phase.
FlashNews:
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Work on new railway overbridge at BC?Road begins
In Karnataka's Bantwal area, work on the new railway overbridge adjacent to the old over-bridge has finally kicked off. the 50-year old railway over-bridge located on the national highway in BC Road is in dilapidated condition, posing threat to passersby.
Centre discourages gas-based power projects
Government of Karnataka requested for allocation of gas for two new gas based power projects at Bidadi Combined Cycle Power Project (CCPP) 1,400 mw (2x700) and Tadadi CCPP 2,100 mw (3x700) proposed for 12th Plan. The application was received by the union power ministry on October 29, 2010. This information was given by the Minister of State for Power Jyotiraditya M Scindia in Lok S
Turnaround is around the corner
The governmentÂ’s sincere attempts to expedite the project clearance of the stalled projects and participation by the private entrepreneurs in PPP projects in infrastructure would lead to enhancement of steel consumption in 2013-14.
Govt sets up panel for revision of royalty
Some of the mineral rich states like Chhattisgarh, Jharkhand, Karnataka, Odisha, Rajasthan requested to enhance the rates of royalty for major minerals. The government has set up a Study Group on revision of rates of royalty and dead rent for major minerals (other than coal, lignite and sand for stowing) on September 13, 2011. The Study Group has to undertake detailed consultations with all stakeholders. The Study Group is likely to submit its final report shor
Beyond finance
Finance was probably in his genes as his grandfather was one of the first CAs in South India and his uncle was also a CA. A normal middle class boy born in a small town in Andhra Pradesh, Devatha Prasad became the head of finance of Essar Projects Business Group.
Petitioners to move SC on Kundapur-Hejamady NH widening
In Karnataka, about 63 persons who will lose land to NH 66 widening project along Kundapur and Hejamady stretch are planning to move the Supreme Court before April 15 after HC quashed their petitions. They had sought in the State high court to give direction to restrict the width of NH66 to 45 metre as in the case of Dakshina Kannada district instead of the proposed 60 metre and NHAI to acquire land only to that extend.
Karnataka starts two projects to popularise bio-fuel use
Karnataka Chief Minister Jagadish Shettar recently launched two projects — Hombelaku and Hongirana — to decentralise biofuel extraction units and to offer biofuel products under one roof. The projects have been initiated by the Karnataka State Biofuel Development Board.
JSW Steel delays expansion plan
According to media reports, JSW Steel halted its expansion plan of its 10 million tonne Vijayanagar plant in Karnataka to 12 million tonne until such time the iron ore supply improves in the state. The company was to invest Rs 2,695 crore on the expansion project in 2013-14 by borrowing Rs 1,750 crore and using its cash reserves for the remaining about Rs 945 crore
Karnataka demands to reopen HAL airport
After Hindustan Aeronautics (HAL) approached the Centre seeking its nod to restart civilian aircraft operations from its airport, chorus in support of reopening the facility is growing. Industry representatives, former bureaucrats, aviation experts, the CMÂ’s advisor on urban affairs and a minister opine that Bangalore needs two airports. The HAL airport that had handled a large number of passengers a year before its closure is now used only for defence and VVIP flights.

