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The Karnataka Government connected December 17 said though it is consenting to relinquish its involvement successful Konkan Railway Corporation Limited, a associated task of Railway Ministry and different 4 State governments, to pave the mode for its merger with Indian Railways, the Railway Ministry is yet to connection a amended exit option.
Responding to a calling attraction question by Kundapura MLA A. Kiran Kumar Kodgi successful the Legislative Assembly connected behalf of Infrastructure Development Minister M. B. Patil successful Belagavi, Revenue Minister Krishna Byre Gowda said Karnataka holds astir 11% stock successful KRCL. At the contiguous rate, the worth of shares is astir ₹270 crore.
Revenue Minister Krishna Byre Gowda responds to a calling attraction question by Kundapura MLA A. Kiran Kumar Kodgi connected behalf of Infrastructure Development Minister M.B. Patil successful the Legislative Assembly successful Belagavi, connected December 17, 2025. | Photo Credit: VIDEO GRAB
The authorities of Karnataka had asked the Ministry to connection a amended exit option, but truthful acold determination was nary response, Mr. Gowda said. “Let the Ministry springiness an offer, possibly afloat repayment, partial repayment, oregon nary repayment. The authorities is unfastened connected the issue, and would instrumentality a suitable determination adjacent if the concern section rejects ‘no repayment’ proposal,” the Minister said.
Merger inevitable
Raising a calling attraction motion, Kundapura MLA A. Kiran Kumar Kodgi seeks to cognize Karnataka Government’s basal connected relinquishing its involvement successful Konkan Railway Corporation Limited, successful the Legislative Assembly successful Belagavi, connected December 17, 2025. | Photo Credit: VIDEO GRAB
Raising the contented earlier, Mr. Kodgi said the State Government appears not to person proceeded connected the issue. “The aforesaid reply, fixed during the past session, is provided again,” helium said stressing connected the request for merger of KRCL with the Indian Railways. With nary funds, KRCL web has been the aforesaid arsenic it was 3 decades agone pursuing which economical improvement successful coastal Karnataka was getting affected, helium said.
Intervening, Karkala MLA V. Sunil Kumar urged Speaker U. T. Khader to convene a gathering of each the stakeholders, including officials from the Railway Ministry to benignant retired the issue. Mr. Khader agreed to the same.
States told to either money superior expenditure of KRCL, oregon relinquish shares
During the wintertime league of Parliament successful November last, Railway Minister Ashwini Vaishnaw had informed the Lok Sabha that the Ministry had asked the 4 share-holding States either to money KRCL’s superior expenditure oregon relinquish their shares. Only Goa has agreed to relinquish its share, helium had said.
On March 19, 2025, Karnataka Infrastructure Development Secretary N. Manjula had written to the Railway Board Chairperson that alternatively of the Ministry’s request to money ₹9,158 crore superior expenditure, Karnataka had sought a amended exit option. Despite penning letters successful May, September and December 2024 seeking factual proposals for a amended exit option, the Railway Ministry did not respond, she said, urging the Ministry to nonstop one.
