The project, to be implemented over the next five years ending 2010, envisages reduction of vehicle movement in central parts of Bangalore by 30% and creation of autorickshaw-free zones. It also targets reduction of accidents by 30%, minister for primary and secondary education Basavaraj Horatti told reporters after a Cabinet meeting.
The project will be funded from Jawaharlal Nehru urban renewal mission funds provided by the Centre.
Upgradation of intermediary ring roads, dedicated bays for uninterrupted traffic flow and modernisation of traffic police are among the other initiatives under the project, he said.
The Cabinet has also decided to set up a sub-committee headed by deputy chief minister B S Yediyurappa to review purchase of power from Central Grid to tide over the acute power shortage anticipated in the coming months.
It had been estimated that the demand for power supply might shoot up to 132-140 million units per day between January and March as against the existing supply of 117 million units. The government had yet to decide whether to resort to purchase or load shedding.
The state, which supplies electricity at the rate of Rs 3.16 per unit, would now have to purchase it at the rate of Rs 6.20 per unit from Central Grid, which means an additional expenditure of Rs 200 crore every month, Horatti said. The committee will meet on Saturday and submit its report to chief minister H D Kumaraswamy, he said. The Cabinet approved creation of Greater Bangalore Authority, bringing the neighbouring city municipal councils and town municipal councils wunder its jurisdiction after overruling 133 objections. However, the Cabinet authorised Kumaraswamy and Yediyurappa to take the final decision. According to the original plan, seven CMCs, two TMCs and some gram panchayats would be merged with Bangalore Mahanagara Palike for creating the Greater Bangalore Authority.