Namma Metro gets allocation of Rs 30,000 crore
RAILWAYS & METRO RAIL

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.

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.

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?