K'taka cabinet gives nod to Peripheral Ring Road, renames it as 'Bengaluru Business Corridor'
Bengaluru (PTI): The Karnataka cabinet on Thursday gave nod to the Peripheral Ring Road and renamed it as ‘Bengaluru Business Corrdior’ (BBC).
Briefing reporters after the cabinet meeting, Deputy Chief Minister D K Shivakumar said the notifications were issued in the past for the 117-km PRR from Tumakuru to Electronic City but no decisions were taken till now.
"Previous governments wanted to drop it. Now an alternative road is needed. We thought no road will be denotified," Shivakumar, who holds Bengaluru development portfolio, said.
The Deputy CM said earlier there was no provision for compensation, but the government has taken ways to give compensation to the land losers.
The notification is for 100-metre road, but it will only be 65-metre wide. The remaining 35 metres will be given back to the land losers to carry out commercial activities.
"Thirty five per cent road will be given back to farmers as compensation. It has value. If someone wants for residential purpose then we will give 40 per cent," Shivakumar said.
There will also be provision for cash compensation up to 20 guntas of land, which is half an acre.
Shivakumar said those who want Floor Area Ratio (FAR) instead of land compensation, will provided the same so that they can utilise the area adjacent to the FAR land.
Also, there will be provision to give compensation in the form of Transferrable Development Rights.
"We are ready to give two times TDR or we will give alternative Bangalore Development Authority land," the Deputy CM said.
"If someone does not want to take money then we will acquire the land and deposit the amount in the court," he clarified.
According to Shivakumar, the road will be tolled. It will also have a service road.
The project cost is about Rs 27,000 crore and the government will take loan for it.
"It’s a new chapter in Benglauru. We are building 117 km new road," Shivakumar said.
He also clarified that the state government will not denotify any land.
Following the new compensation policy, the project cost may reduce by Rs 10,000 crore, the Deputy CM said, adding the project may require 1,800 acres of land in the north side of the city.
"This project will be completed within two years by the BDA. The TDR value will be given as per the BBMP rules, which is beneficial for the land losers. I have asked officers to create TDR exchange system," Shivakumar said.
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345 Indian fishermen stranded in Iran return home via Armenia
New Delhi (PTI): A group of 345 Indian fishermen, who were stranded in Iran amid escalating regional tensions, returned to India via Armenia on Saturday, officials said.
External Affairs Minister S Jaishankar thanked his Armenian counterpart Ararat Mirzoyan for assistance in return of the Indian nationals.
The Indian nationals arrived in Chennai this evening, the officials cited above said.
The circumstances that led to them being stranded in Iran were not immediately known.
"Thank FM @AraratMirzoyan and the Government of Armenia for facilitating the evacuation of Indian fishermen today from Iran, through Armenia to India," Jaishankar said on social media.
Over 1,500 Indian nationals have left Iran through land border crossings in Armenia and Azerbaijan since the start of the West Asia conflict over a month ago.
"A group of Indian fishermen, stranded in Iran, are returning home via Armenia today; their flight is expected to reach India this evening," a government statement said.
It said the Ministry of External Affairs continues to closely monitor the evolving situation in the West Asian region, with the safety, security and welfare of the Indian community being accorded the highest priority.
It also made a mention of five Indians being injured in Abu Dhabi on Friday.
According to Abu Dhabi authorities, the Indian nationals were among the 12 people injured by debris from an intercepted missile.
"In an attack in Abu Dhabi, five Indian nationals were injured; four have been discharged, one remains under treatment," the Indian government's statement said.
It said the Indian mission in Abu Dhabi is extending "full" assistance and coordinating with local authorities, adding that their flight is expected to reach India this evening.
