5,000 Acres Identified for BMEC Project

Published: 01st January 2015 06:00 AM  |   Last Updated: 01st January 2015 02:45 AM   |  A+A-

BENGALURU: The state government has identified about 5,000 acres along the Tumakuru-Belagavi stretch to implement the proposed Bengaluru-Mumbai Economic Corridor (BMEC), Ratna Prabha, Additional Chief Secretary to the Industries and Commerce Department, said here on Tuesday.

Once the proposal gets the final nod, Tumakuru, Chitradurga, Hubballi-Dharwad and Belagavi would be developed as world class cities, she told Express. “The proposal also allows for space to develop world class cities along the corridor,” she said. The Centre has agreed to extend all assistance to the project.

“The Union government would bear 50 per cent of the land acquisition cost. We may need about `3,000 crore towards meeting the cost of land acquisition,” she said.

The corridor would start from Tumakuru and pass through Chitradurga, Hubballi-Dharwad and Belagavi. She said, “The proposal was discussed in detail at a meeting convened by the Union Department of Industrial Policy and Promotion recently.” She said the government has sufficient land to execute the mega project. The ordinance amending the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, will simplify the process of acquiring land for industrial projects, she said.

“At present, no project in the state is facing any hurdle as far as land acquisition process is concerned,” she said and added that the land bank created by Karnataka Industrial Area Development Board will also help the process.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp