Business Daily from THE HINDU group of publications
Monday, Jun 19, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Infrastructure
Government - Politics
States - Karnataka


War of words between JD(S) and promoter of expressway project continues

Our Bureau

Party says Nandi Infrastructure proposal only a real estate proposition

Bangalore , June 18

An advertisement released by the ruling Janata Dal (S) in local newspapers on Sunday added to the war of words between the Government and the promoters of the controversial Bangalore-Mysore Infrastructure Corridor project (BMICP)

The public interest advertisement reiterated the party's charge that the promoter's (Nandi Infrastructure Corridor Enterprises Ltd) acquisition of land around Bangalore was purely a real-estate proposition. It also spoke in favour of taking over the project and auctioning the land allotted for the expressway to generate huge public funds for infrastructure.

`Serious repercussions'

NICE, for its part, said any attempt by the Government to cancel its 1997 Framework Agreement with NICE would have serious repercussions, as the Supreme Court and the High Court had upheld the Framework Agreement.

"All the allegations have been eloquently answered by the Supreme Court's verdict" of April 2006, a spokesman said. NICE would consider all legal options in the interest of the project, he said

The advertisement comes on the eve of the month-long legislature session starting on Monday.

The JD(S), the lead partner in Karnataka's coalition government, has been speaking of a new Bill to nullify the BMICP project - the Karnataka Streamlining of Infrastructure Development and Land Utilisation Bill, 2006.

According to NICE, the Bill which aims to dissolve the Bangalore BMICP Area Planning Authority, the super-regulatory body with jurisdiction over some 700 sq km of the expressway area, would set off a confrontation between the legislature and the judiciary in the light of the apex court verdict directing the State to facilitate the project as per the agreement.

More Stories on : Infrastructure | Politics | Karnataka

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
New Govt makes its policy clear


Assistance hiked for mid-day meal
HC asks TNPCB to give ruling on consent and renewal fees
Govt, India Inc delegation heads to US
States told to enact laws to promote petro hubs
War of words between JD(S) and promoter of expressway project continues
Ambitious project
CII moots viability funding for social infrastructure
Pranab wants infrastructure snags addressed
Shipping cos set course for rigs
PM to lay stone for MRPL complex
Urban local bodies owe dues of Rs 34.55 cr to Mescom
BMP may mop up Rs 800 cr from taxes
`SMBs poised to spend more on IT'
`CIL must focus on supplying quality coal'
DLF IPO to hit the market by July 15
On the block
Call to strengthen manufacturing sector
TN identifies 21 clusters for handloom development
Progress at Gangavaram
Tapioca project from BoI
NAC bullish on HR opportunities
AIBEA plans protest action from July
New hybrid scores over traditional basmati
Carrying iron ore to Pak


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line