Project to generate 5,000 jobs, improve economy
Chief Minister Siddaramaiah on Friday announced that the State government would provide Rs. 700 crore — half of the cost of a rail coach factory to be set up near Kolar, and also 1,200 acres of land free.
He was speaking after the inauguration of the new broadgauge railway line between Chickballapur and Kolar and the flagging-off of the inaugural special train between the two district headquarters at Chickballapur.
Union Minister of State for Micro, Small and Medium Industries and Lok Sabha member from Kolar K.H. Muniyappa had been urging the government to share half the project cost and provide land free for the coach factory.
The proposal was announced in the 2011-12 Railway Budget when Mr. Muniyappa was the Minister of State for Railways.
Mr. Siddaramaiah said that he had to yield to Mr. Muniyappa and make an early announcement about the State’s participation in the project as the latter used to call him frequently about the project. The coach factory is expected to generate about 5,000 jobs and improve the economy of the backward regions in Kolar district.
Chickballapur-Kolar broadgauge line inaugurated Special train between the two cities flagged off
Chickballapur-Kolar broadgauge line inaugurated
Special train between the two cities flagged off