Namma Metro gets allocation of Rs 30,000 crore

Karnataka chief minister Siddaramaiah presented the budget of the ruling Congress since it swept to power in May's Assembly election. The CM, who created a record by tabling a 14th budget as the state's finance minister, presented a document with an outlay of over Rs 3.27 lakh crore and, among several big-ticket announcements, was one that promised Rs 30,000 crore for the Metro in state capital Bengaluru, which is called Namma Metro. The fund is way more than what the project received last year, i.e Rs 2,014 crore, as per a report.

Siddaramaiah also said approximately Rs 52,000 crore would be spent annually to meet the Congress' five poll 'guarantees' - promises made to voters ahead of the election - and that these 'guarantees' would benefit 1.3 crore families.