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    BENGALURU METRO RAIL

    Rs 7,610 crore and eight years later: Yellow Line set to ease Bengaluru’s techie and commuter crunch; All we know

    Bengaluru Metro Yellow Line: Prime Minister Narendra Modi inaugurated the Namma Metro Yellow Line from Ragigudda to Bommasandra today. Passenger services start Monday at 5 am with trains every 25 minutes. The 19.1km elevated corridor, with 16 stations, links south Bengaluru to Electronics City. BMTC will launch 12 feeder buses, while BMRCL is adding EV charging stations, e-bike services, and improved pedestrian access. Costing ₹7,610 crore, the project was sanctioned in 2014, began in 2017, and faced an eight-year delay before completion.

    Centre contributed just 20% of Bengaluru Metro Rail project cost, says Deputy CM Shivakumar

    Karnataka Deputy CM D K Shivakumar asserted that the state government bore 80-90% of the Bengaluru Metro Rail project cost, requesting PM Modi to inaugurate the Yellow Line out of respect. He criticized the Centre's limited financial contribution and accused BJP MPs of inaction, urging increased central grants for Bengaluru's infrastructure development, similar to Delhi's.

    Bengaluru: BMRCL drops transportation hub project, settles for 9 acres

    A high-level committee, led by Shalini Rajneesh, has granted nine acres near Hebbal to Bangalore Metro Rail Corporation. This decision overlooks requests from prominent citizens and MPs for a larger 45-acre plot. BMRCL initially sought 45 acres for a multi-modal transport hub. Real estate groups reportedly influenced the government to reduce the land allocation.

    Bengaluru Metro failing its commuters? Tejasvi Surya slams BMRCL, cites global examples, and suggests major fixes

    BJP MP Tejasvi Surya has strongly criticised the Bengaluru Metro, citing issues with its design, pricing, and overall commuter experience. He compared it unfavorably to the Moscow Metro, highlighting its superior frequency, aesthetics, and city coverage. Surya also demanded transparency regarding the fare fixation committee report, questioning the high metro prices and advocating for more affordable and efficient public transport.

    BEML shares jump over 3% after securing Rs 405 crore contract from Bengaluru Metro Rail

    BEML Share Price: BEML has secured a Rs 405 crore contract from Bengaluru Metro Rail Corporation for manufacturing and launching metro cars, along with providing personnel training and 15 years of maintenance. Motilal Oswal Financial Mutual Fund acquired a 2.66 lakh-share stake in BEML. The stock has gained 13.6% recently, with a target price of Rs 3,838, indicating a 22% upside.

    Bengaluru Metro Rail ride gets costlier by 50 per cent

    Metro fares in Bengaluru will rise by about 50 per cent from Sunday, with revised tariffs for peak and non-peak hours. The new fare structure sets a maximum fare of Rs 90 and introduces more discounts for travel during non-peak hours. This hike follows a recent increase in government bus fares in Karnataka.

    The Economic Times
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