Karnataka Budget 2026: Intermediate Ring Road, Miyawaki parks, municipal bonds for Bengaluru
The Hindu
Karnataka's 2026 Budget focuses on Bengaluru's infrastructure, including new ring roads, Miyawaki parks, and enhanced funding for development.
In a push to expand the road network and tackle traffic congestion in Bengaluru, Karnataka’s Chief Minister Siddaramaiah announced construction of an Intermediate Ring Road (IRR) connecting Nelamangala, Tavarekere and Bidadi. The project will be taken up using the financial resources of the Bangalore Metropolitan Region Development Authority (BMRDA) and local planning authorities.
In the year 2025-26, the State Government increased the grant for the development of Bengaluru from ₹3,000 crore to ₹7,000 crore. This grant will be continued in the current year as well.
Further, the new city corporations under the Greater Bengaluru Authority (GBA) will mobilise resources for development work by issuing municipal bonds based on their balance sheets.
To ensure future growth and sustainable land-use planning, a new Revised Master Plan 2041 (RMP) for Bengaluru will be implemented by the end of 2027. Additionally, a Comprehensive Mobility Plan (CMP) will be prepared within six months.
In a new initiative, 100 ‘Miyawaki Parks’ will be constructed in selected urban areas by densely planting native species to create natural green spaces. The concept of Miyawaki parks is inspired by the technique developed by Japanese botanist Akira Miyawaki in 1970. The technique is used to boost plant growth.
Mr. Siddaramaiah announced the construction of the Bengaluru Business Corridor (BBC) will be completed within four years. Earlier, Deputy Chief Minister D. K. Shivakumar had said that the 73-km stretch of Phase 1 would be completed in a year-and-a-half. The BBC is aimed at decongesting the city and establishing seamless connectivity in the periphery of Bengaluru.
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