CM proposes dedicated economic corridor between Bengaluru and Mangaluru in Karnataka budget
The Hindu
The Mangaluru corridor would ensure speedy access to the port and significantly reduce the freight transport time to Europe and the Middle East. The Chief Minister, however, has not made any budgetary provision for the proposal.
Chief Minister Siddaramaiah proposed to develop a dedicated economic corridor between Bengaluru and Mangaluru besides announcing feasibility study to construct an international cruise and tourism port in Dakshina Kannada district.
Presenting the 2024-25 budget in Bengaluru on February 16, Mr. Siddaramaiah said dedicated economic corridors provide a robust network of infrastructure to stimulate economic development. On the lines of the Mumbai-Chennai economic corridor, the government has planned similar corridors between the New Mangalore Port and Bengaluru, and Bidar and Bengaluru.
The Mangaluru corridor would ensure speedy access to the port and significantly reduce the freight transport time to Europe and the Middle East. The Chief Minister, however, has not made any budgetary provision for the proposal.
Mr. Siddaramaiah announced commissioning of a feasibility study by Indian Institute of Technology, Madras, for developing an International Cruise and Tourism Port (ICTP) in Dakshina Kannada district. Karnataka Infrastructure Project Development Fund (KIPDF) was set up for preparation of feasibility reports under Infrastructure Development Department. This fund would be further strengthened in the present year.
Another feasibility report would be prepared to introduce water metro services along the Netravathi and Phalguni (Gurupura) rivers in Mangaluru, Mr. Siddaramaiah said adding there is a proposal to prepare a master plan for the comprehensive development of islands. He also announced construction of a modern agricultural complex at Nellikai Road in Mangaluru at a cost of ₹35 crore.
Though the Chief Minister announced developing integrated townships abutting Tier-2 cities, including Mangaluru, he did not announce the details. Mangaluru would get a Haj Bhavan at a cost of ₹10 crore, he added.
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