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Shivakumar Pushes Modi For Better Union-State Fund Sharing For Metros

DE
Deccan Chronicle
By Parameswaran
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EXECUTIVE SUMMARY

The CM said that for Bengaluru Metro, Karnataka Govt bears the cost of land acquisition, shifting of utilities, 50 per cent of Central taxes, 100 per cent of state taxes, repayment of the entire foreign loan and most cost escalations

Key Takeaways

  • Shivakumar Pushes Modi For Better Union-State Fund Sharing For Metros.

The CM said that for Bengaluru Metro, Karnataka Govt bears the cost of land acquisition, shifting of utilities, 50 per cent of Central taxes, 100 per cent of state taxes, repayment of the entire foreign loan and most cost escalations

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