1 week ago
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The Kalyana Karnataka Region Development Board (KKRDB) unanimously approved the enactment program for the utilisation of the ₹5,000 crore allocation made by the State Government for the 2026-27 fiscal year.
The determination was taken astatine the Board gathering chaired by KKRDB Chairperson Dr. Ajay Singh.
Of the ₹5,000 crore allocation, the Board decided to earmark ₹2,900 crore for micro and macro improvement projects, with 70% of the magnitude to beryllium spent connected micro-level works, and 30% connected large infrastructure and improvement projects. The gathering besides approved ₹1,500 crore for schemes announced successful the State Budget, ₹100 crore for higher acquisition and universities, ₹450 crore nether determination and discretionary funds, and ₹50 crore for administrative expenses.
Under the micro-development component, the Board resolved to allocate 25% of organization assemblage funds for ‘Akshara Aavishkara’ initiatives, 15% for different organization sectors, and 60% for basal infrastructure works.
For the archetypal time, the Board besides approved earmarking 40 per cent of macro-project funds for healthcare, acquisition and malnutrition eradication programmes, successful enactment with the State Budget announcement.
The gathering passed a solution seeking fiscal enactment from some the Central and State governments for the projected Bidar-Bengaluru Economic Corridor project. The projected four-lane roadworthy corridor spanning 400 km is estimated to necessitate ₹8,200 crore. The Board besides urged the Centre to supply matching grants to KKRDB connected the lines of the State government’s support.
Members expressed interest implicit projects being approved successful Cabinet meetings and funds being allocated from KKRDB without anterior consultation with the Board. Ministers and legislators suggested that each departments indispensable get KKRDB support earlier announcing projects involving Board funds, and the connection received the Chairman’s consent.
The Board further approved the merchandise of KKRDB’s stock for projects announced successful the 2026-27 Budget. It besides agreed to proceed providing peculiar grants of ₹25 lakh per taluk nether the “Akshara Aavishkara” programme to amended SSLC introspection results.
The gathering stressed the request for greater concern and employment procreation successful the portion done sector-specific incentives successful industry, tourism, agriculture and textiles. However, the Board clarified that fiscal incentives to industries should beryllium provided straight by the State authorities and not by KKRDB.
The gathering was attended by Board members and Ministers, including RDPR and IT-BT Minister Priyank Kharge; Forest and Environment Minister Eshwar Khandre; Small Industries and Public Enterprises Minister Sharanabasappa Darshanapur; Medical Education, Skill Development, Entrepreneurship and Livelihood Minister Dr Sharanaprakash Patil; Backward Classes Welfare, Kannada and Culture Minister Shivaraj S. Tangadagi; Minor Irrigation, Science and Technology Minister N.S. Boseraju, Municipal Administration and Haj Minister Rahim Khan.
Also contiguous were Karnataka State Policy and Planning Commission Vice-Chairman MLA B.R. Patil; Chief Minister’s Economic Adviser Basavaraj Rayaraddi; Koppal MLA K. Raghavendra Hitnal; Karnataka State Industrial and Infrastructure Development Corporation Chairman and Sindhanur MLA Hampanagouda Badarli; MLC Bhimrao Patil and KKRDB officials. (eom)
