Karnataka, Indian Railways back on track with 50:50 project cost sharing

Written By Unknown on Sabtu, 16 Agustus 2014 | 22.44

MANGALORE: A meeting that Union railway minister D V Sadananda Gowda had with Congress MPs in Karnataka seems to have put the 50:50 railway cost sharing back on track. The meeting follows move by CM Siddaramaiah dashing off a letter to Gowda on eve of the latter presenting his maiden railway budget expressing Karnataka's difficulty in honouring the 50:50 cost sharing agreement and seeking a change in funding pattern.

Siddaramaiah in his letter had indicated that Karnataka will provide 33% of the project cost including cost of land rather than the 50:50 cost sharing besides providing free land for the project. Incidentally, Gowda's predecessor Mallikarjuna Kharge too was one of the MPs who attended the meeting where Gowda expressed that Railway will be financially hamstrung in expediting state's railway projects if cost sharing agreement was not met.

Laying the foundation stone for road under bridge in lieu of level cross 146-B on Padil Bajal Road at Kankanady here on Saturday, Gowda said, "I did not make the letter (from CM) public (and indulge in politics)." Agreeing that BJP leader K S Eshwarappa did raise the cost sharing matter in the just concluded session of the state legislature, Gowda said, "It is only based on the content of the letter and not on the basis of actual letter itself."

Development is a continuous process and politics should not come in its way, Gowda said adding it is for this reason that he adopted all proposals that Kharge presented in the interim budget. Karnataka is one among eight states that are sharing project costs, which eventually benefit the states in their development. CM had cited financial constraints owing to the state rolling out public welfare programmes while seeking a change in cost sharing.

http://timesofindia.indiatimes.com/followceleb.cms?alias=project cost sharing,Indian Railways


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