"BMRCL is 50:50 joint venture": Tejasvi Surya rebuts Karnataka's claim of bearing 84 per cent of Metro cost
Bengaluru, Nov. 12 -- Bharatiya Janata Party (BJP) MP Tejasvi Surya on Thursday released a detailed breakdown of the funding structure of Bangalore Metro Rail Corporation Limited (BMRCL), addressing concerns over project delays, cost escalations and the division of financial responsibilities between the Central and Karnataka governments.
Addressing a press conference in Bengaluru, Surya countered the Karnataka government's claim that the State bears 84 per cent of the Bengaluru Metro project cost, while the Centre contributes only 16 per cent. He said the State government had also claimed that out of the total expenditure of Rs 77,000 crore, approximately Rs 65,000 crore was being borne by Karnataka.
He highlighted that the state govern...
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