Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> Full Story
K’taka firm on shelving ELRTS, says CM Krishna
Thursday, May 30 2002 13:04 Hrs (IST)

Bangalore: Chief Minister, S M Krishna said on May 30 that, "Karnataka was firm on its decision to shelve the much hyped Elevated Light Rail Transport System (ELRTS) project".

"The project is not only economically unviable but also cannot reach all parts of the city,” he told reporters while defending the decision to abandon the ELRTS, conceived few years ago.

Krishna said immediately after the Congress government headed by him took charge of the administration, a careful study of the project was made and the government decided to shelve it. The decision was then communicated to the Mass Rapid Transit System, the nodal agendy named for the project execution.

Krishna said, the project was also exorbitant and the users cannot afford it. The government has now suggested to Mass Rapid Transit System authorities, to look for alternative mode of transport including metro rail to ease traffic congestion in the city.

The government was also thinking on introducing dedicated lines for operating Volvo buses.

PTI