
Hudson Circle to get longest skywalk in Bengaluru in 12 months
Bengaluru: In a pedestrian-friendly move, BBMP is set to fast-track a long-pending skywalk project at Hudson Circle — a major traffic hub where five busy roads intersect — providing much-needed relief to walkers commuting between Cubbon Park and BBMP head office.The stretch reports a traffic density of nearly 35,000 PCUs (passenger car units) per hour, making the junction one of the busiest in CBD and quite challenging for pedestrians to walk across.
At 150 metres long, the skywalk — once ready — will be the longest in Bengaluru.Originally approved in Dec 2017 by then BBMP Council and its engineering team, the project was stalled due to multiple reasons: Disputes with local elected representatives, design complications, traffic management concerns, lack of a comprehensive pedestrian study, and disruptions caused by Covid-19 pandemic. It wasn't until 2023 that BBMP's engineer-in-chief revived the project and greenlighted it.The proposed skywalk will begin on Raja Ram Mohan Roy Road, pass over Kasturba Road, connect to Vokkaligara Sangha Bhavan and finally lead towards BBMP headquarters near Hudson Circle, more popular as Corporation Circle."This skywalk is primarily meant to ease the movement of pedestrians walking from Cubbon Park to the corporation and further towards Lalbagh," said a senior BBMP official. "The structures are modular and makeshift in nature, and the work will be completed very soon. It is being undertaken under PPP model."The official added, "The primary reason for the delay was multiple infrastructure projects were being undertaken by BBMP — elevated corridor and white-topping, among others. Due to this, the skywalk project could not take off." The project is likely to be completed in 12 months.The stretch is heavily used by office-goers, tourists, and daily walkers — many of whom struggle to cross the busy intersections safely. "Crossing the road near Kasturba Road is a nightmare. Vehicles rarely stop, and there's no proper signal for pedestrians. I've seen elderly people and children stranded midway," said Nayana S, a daily commuter who works for a private firm on Mission Road."During peak hours, walking from Cubbon Park to Corporation Circle feels like an obstacle course. I hope the skywalk makes it easier -- and safer," added Sharath Kumar, a civil-service aspirant, who frequents the State Library. He added, "The skywalk will be beneficial if it has escalators. Else, people will find it strenuous to climb the stairs and then walk. They might again feel like crossing the roads instead of using the skywalks."

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United News of India
an hour ago
- United News of India
Bangladesh ex-PM Hasina slams CA Yunus for destroying country's economy
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Time of India
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NDTV
3 hours ago
- NDTV
How The Vatican Manages Money And Where Pope Leo XIV Might Find More
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Donations remained low in the following years, amid revelations of the Vatican's bungled investment in a London property, a former Harrod's warehouse that it hoped to develop into luxury apartments. The scandal and ensuing trial confirmed that the vast majority of Peter's Pence contributions had funded the Holy See's budgetary shortfalls, not papal charity initiatives as many parishioners had been led to believe. Peter's Pence donations rose slightly in 2023 and Vatican officials expect more growth going forward, in part because there has traditionally been a bump immediately after papal elections. New Donors The Vatican bank and the city state's governorate, which controls the museums, also make annual contributions to the pope. As recently as a decade ago, the bank gave the pope around 55 million euros ($62.7 million) a year to help with the budget. But the amounts have dwindled; the bank gave nothing specifically to the pope in 2023, despite registering a net profit of 30 million euros ($34.2 million), according to its financial statements. The governorate's giving has likewise dropped off. Some Vatican officials ask how the Holy See can credibly ask donors to be more generous when its own institutions are holding back. Leo will need to attract donations from outside the U.S., no small task given the different culture of philanthropy, said the Rev. Robert Gahl, director of the Church Management Program at Catholic University of America's business school. He noted that in Europe there is much less of a tradition (and tax advantage) of individual philanthropy, with corporations and government entities doing most of the donating or allocating designated tax dollars. Even more important is leaving behind the "mendicant mentality" of fundraising to address a particular problem, and instead encouraging Catholics to invest in the church as a project, he said. Speaking right after Leo's installation ceremony in St. Peter's Square, which drew around 200,000 people, Gahl asked: "Don't you think there were a lot of people there that would have loved to contribute to that and to the pontificate?" In the U.S., donation baskets are passed around at every Sunday Mass. Not so at the Vatican. Untapped Real Estate The Vatican has 4,249 properties in Italy and 1,200 more in London, Paris, Geneva and Lausanne, Switzerland. Only about one-fifth are rented at fair market value, according to the annual report from the APSA patrimony office, which manages them. Some 70% generate no income because they house Vatican or other church offices; the remaining 10% are rented at reduced rents to Vatican employees. In 2023, these properties only generated 35 million euros ($39.9 million) in profit. Financial analysts have long identified such undervalued real estate as a source of potential revenue. But Ward Fitzgerald, the president of the U.S.-based Papal Foundation, which finances papal charities, said the Vatican should also be willing to sell properties, especially those too expensive to maintain. Many bishops are wrestling with similar downsizing questions as the number of church-going Catholics in parts of the U.S. and Europe shrinks and once-full churches stand empty. Toward that end, the Vatican recently sold the property housing its embassy in Tokyo's high-end Sanbancho neighborhood, near the Imperial Palace, to a developer building a 13-story apartment complex, according to the Kensetsu News trade journal. Yet there has long been institutional reluctance to part with even money-losing properties. Witness the Vatican announcement in 2021 that the cash-strapped Fatebenefratelli Catholic hospital in Rome, run by a religious order, would not be sold. Pope Francis simultaneously created a Vatican fundraising foundation to keep it and other Catholic hospitals afloat. "They have to come to grips with the fact that they own so much real estate that is not serving the mission of the church," said Fitzgerald, who built a career in real estate private equity.