‘Banks give MSMEs pain while availing loans, too much paperwork'
She, along with Deputy Chief Minister DK Shivakumar, urged banks to be more liberal in supporting MSMEs at the India MSME Conclave 2025, held on Friday.
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India Today
8 hours ago
- India Today
Karnataka to build South Asia's tallest skydeck in Bengaluru's Kempegowda Layout
After months of uncertainty and opposition from academics, the Karnataka government has decided to shift its ambitious Skydeck project to Nadaprabhu Kempegowda Layout (NPKL) near Kengeri, Bengaluru. The 250-metre-tall structure, expected to be South Asia's tallest observation deck, will now be constructed in the newly developed layout on Bengaluru's western May 24, Deputy Chief Minister DK Shivakumar had announced that the state government had decided to relocate its proposed sky deck project to Nadaprabhu Kempegowda Layout (NPKL) near Kengeri. The initial site at Hemmigepura was found to be unsuitable due to its proximity to Kempegowda International Airport. 'We had decided to build the sky deck in Hemmigepura but it may not be possible as it should be at least 20 km from the airport. Hence, we have decided to build the sky deck in Kempe Gowda layout,' Shivakumar had proposed tower, once completed, will offer a 360-degree view of the city and will be the tallest of its kind in South Asia. To put its scale into perspective, the structure will be more than three times the height of Delhi's Qutub Minar, which stands at 73 metres. It will also eclipse Bengaluru's current tallest building, the CNTC Presidential Tower, which reaches approximately 160 metres. The skydeck will be developed over 25 acres of land with an estimated budget of Rs 500 conceptual idea for the skydeck draws inspiration from iconic global structures such as the Eiffel Tower in Paris and the Statue of Liberty in New York. The Karnataka Cabinet approved the project as part of Deputy Chief Minister Shivakumar's broader Brand Bengaluru vision to create a signature landmark for the city. advertisement IN THIS STORY#Bengaluru#Karnataka
India Today
10 hours ago
- India Today
Sky won't fall: Karnataka Minister defends delay in Gruhalakshmi scheme payments
Karnataka Minister Satish Jarkiholi shrugged off concerns over the delay in Gruhalakshmi guarantee scheme payments, saying there's no need to panic. He said it's normal for government payments to be delayed by a month or two, and the money will be given in a lump sum later.'What's the big deal? What happens if money is given once every two or three months? The sky won't fall,' he told reporters. He explained that the government has a system in place — when there's a delay, payments are clubbed together and also asked the media not to raise questions over minor delays. 'Even if it's late, we will complete the payments. There's no doubt about that,' he said. His comment comes weeks after Deputy Chief Minister DK Shivakumar also said the government can't guarantee that money will be credited every the Gruhalakshmi scheme, the Congress government promises Rs 2,000 every month to the woman head of eligible today, the Karnataka government released Rs 7.65 crore as honorariums and sitting fees to Congress workers appointed to guarantee scheme implementation committees, even with reports of schemes like Gruhalakshmi facing delay.'This is an extension plan of looting. Earlier, corruption was at the top, now it has gone into the hands of karyakartas. They'll get commissions out of it. It's unfortunate,' said former Karnataka Chief Minister and senior BJP leader DV Sadananda IN THIS STORY#Karnataka
Time of India
a day ago
- Time of India
Skydeck project now shifted from Bangalore University campus to Kempegowda Layout
Bengaluru: After months of deliberations and multiple location changes, the state govt has finalised Nadaprabhu Kempegowda Layout (NPKL) near Kengeri in the city as the site for its ambitious 250-metre-tall skydeck, set to be South Asia's tallest observation tower. Various sites, including Bangalore University's Jnanabharathi campus, were considered earlier for the project, aimed at transforming Bengaluru's skyline and boosting tourism under the Brand Bengaluru initiative. However, keeping in mind the possible disturbance to academic activities at Jnanabharathi due to increased tourist footfalls, the govt finalised NPKL. Initially, BBMP had written to the higher education minister and the Bangalore University vice-chancellor, seeking the transfer of 25 acres on the Jnanabharathi campus to construct the skydeck. The proposal had the state govt's backing and included a revenue-sharing offer with the university. However, the plan met with resistance from academicians and environmentalists. A senior BBMP official said, "The campus houses thousands of students. A tourist-heavy commercial project could disrupt the academic atmosphere and compromise student safety." Amid these concerns, the govt explored other locations. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like CFD: Invertir $100 con IA podría devolverte un segundo salario Digital Group Prueba ahora Undo Sites like NGEF (Benniganahalli), Karnataka Soaps and Detergents Limited (KSDL) at Yeshwanthpur, and Kommaghatta were ruled out due to height restrictions imposed by Hindustan Aeronautics Limited (HAL), which oversees aviation safety in Bengaluru. Subsequently, Hemmigepura near NICE Road emerged as a strong contender, especially due to its accessibility and land availability. The skydeck was initially announced here. But objections from the ministry of civil aviation and the Airports Authority of India (AAI)—which warned about potential interference with flight paths—forced the govt to backtrack. Deputy chief minister DK Shivakumar confirmed the final location this week, citing regulatory and logistical advantages. "We've decided to build the skydeck in Kempegowda Layout on land owned by the Bangalore Development Authority (BDA). It avoids aviation-related restrictions and is expected to get Metro connectivity in the near future," the Bengaluru development minister said. "With both Hemmigepura and Jnanabharathi no longer viable, the govt returned to the drawing board and finalised Kempegowda Layout, which not only meets the aviation clearance norms but also allows a quick acquisition of land which is already under BDA's control," added a senior BBMP official. The skydeck idea came up after Shivakumar's visit to Edge — the famous observation deck in New York City. Since then, it has been envisioned as a cultural and economic landmark for Bengaluru. Officials say while the initial cost was pegged at Rs 250 crore, revised estimates suggest the final cost could reach Rs 500 crore. A revenue-sharing model is being planned to ensure financial sustainability, especially since the new site is fully govt-owned. "Unlike the university land, the BDA site has no legal or academic encumbrances. This allows us to move swiftly," said the senior bureaucrat.
