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WB okays USD 426 mn for Bengaluru Water Security project
WB okays USD 426 mn for Bengaluru Water Security project

Hans India

time2 days ago

  • Business
  • Hans India

WB okays USD 426 mn for Bengaluru Water Security project

Bengaluru: The World Bank has sanctioned USD 426 million for a new initiative to enhance water security for over four million residents in Bengaluru, officials said. Karnataka Water Security and Resilience Programme will also help Bengaluru mitigate flooding by reviving the city's 183 lakes, which act as natural sponges during heavy rainfall, said a press release. 'This will also help communities through early warning systems and improved responses to extreme weather by strengthening the Karnataka State Natural Disaster Monitoring Centre,' said Kristoffer Welsien and Anup Karanth, the task team leaders for the programme. Auguste Tano Kouame, the World Bank's Country Director for India, said the programme will also help increase the revenues of the Bangalore Water Supply and Sewerage Board. 'It will mobilise USD 5 million in private capital. This will improve efficiency, replace aging water pipes, and tap the private sector to create innovative tools like smart water meters,' Kouame was quoted as saying in the release. The programme will also ensure sewerage connections to over 1,00,000 households and facilitate the construction of nine Sewage Treatment Plants (STPs) to prevent sewage from entering lakes and drains. According to the release, treated wastewater will be reused for industrial purposes and for recharging groundwater in the Greater Bengaluru area.

World Bank Approves $426 Million For Bengaluru Water Security Project
World Bank Approves $426 Million For Bengaluru Water Security Project

NDTV

time3 days ago

  • Business
  • NDTV

World Bank Approves $426 Million For Bengaluru Water Security Project

Bengaluru: The World Bank has sanctioned USD 426 million for a new initiative to enhance water security for over four million residents in Bengaluru, officials said. Karnataka Water Security and Resilience Programme will also help Bengaluru mitigate flooding by reviving the city's 183 lakes, which act as natural sponges during heavy rainfall, said a press release. "This will also help communities through early warning systems and improved responses to extreme weather by strengthening the Karnataka State Natural Disaster Monitoring Centre," said Kristoffer Welsien and Anup Karanth, the task team leaders for the programme. Auguste Tano Kouame, the World Bank's Country Director for India, said the programme will also help increase the revenues of the Bangalore Water Supply and Sewerage Board. "It will mobilise USD 5 million in private capital. This will improve efficiency, replace aging water pipes, and tap the private sector to create innovative tools like smart water meters," Kouame was quoted as saying in the release. The programme will also ensure sewerage connections to over 1,00,000 households and facilitate the construction of nine Sewage Treatment Plants (STPs) to prevent sewage from entering lakes and drains. According to the release, treated wastewater will be reused for industrial purposes and for recharging groundwater in the Greater Bengaluru area. The USD 426 million loan from the International Bank for Reconstruction and Development (IBRD) has a maturity period of 20 years, with a grace period of five years, it added.

Andhra Pradesh government eases building norms for small structures
Andhra Pradesh government eases building norms for small structures

Time of India

time3 days ago

  • Business
  • Time of India

Andhra Pradesh government eases building norms for small structures

AMARAVATI: Andhra Pradesh Minister P Narayana on Tuesday said the Cabinet has approved key relaxations in building rules to support small constructions. Narayana, the municipal minister, said earlier, norms applied only to buildings above five floors, but now structures below five floors will also benefit from simplified approval. "Builders can mortgage 10 per cent of the plot area and construct as per the rules. For government lands, submitting an affidavit will be sufficient," said Narayana, addressing a press conference after the Cabinet meeting. He said balconies up to 1.5 metres are now allowed for buildings raised three metres from the ground and added that installing CCTV cameras is now mandatory in all residential and commercial buildings. For non-red category industries, the road width must be at least nine metres, while for red category industrial constructions, it should be 12 metres, said the minister. Sewage Treatment Plants (STPs) must be constructed at the back of buildings, he said. Narayana said those who lose land due to road widening will be issued Transferable Development Rights (TDR) bonds, which allow the construction of an additional floor on the same building without needing further approval. Builders and developers will now be granted licenses valid for three years, Narayana said. For buildings with a ground floor or ground plus one floor and built within an area of 50 square metres, a nominal fee of Re 1 is required for obtaining approval, he said. For properties shared by siblings, a two-metre pathway suffices for plots up to 100 square metres, while 3.6 metres is adequate for larger plots, the minister said.

Andhra govt eases building norms for small structures
Andhra govt eases building norms for small structures

The Print

time4 days ago

  • Business
  • The Print

Andhra govt eases building norms for small structures

'Builders can mortgage 10 per cent of the plot area and construct as per the rules. For government lands, submitting an affidavit will be sufficient,' said Narayana, addressing a press conference after the Cabinet meeting. Narayana, the municipal minister, said earlier, norms applied only to buildings above five floors, but now structures below five floors will also benefit from simplified approval. Amaravati, Jun 24 (PTI) Andhra Pradesh Minister P Narayana on Tuesday said the Cabinet has approved key relaxations in building rules to support small constructions. He said balconies up to 1.5 metres are now allowed for buildings raised three metres from the ground and added that installing CCTV cameras is now mandatory in all residential and commercial buildings. For non-red category industries, the road width must be at least nine metres, while for red category industrial constructions, it should be 12 metres, said the minister. Sewage Treatment Plants (STPs) must be constructed at the back of buildings, he said. Narayana said those who lose land due to road widening will be issued Transferable Development Rights (TDR) bonds, which allow the construction of an additional floor on the same building without needing further approval. Builders and developers will now be granted licenses valid for three years, Narayana said. For buildings with a ground floor or ground plus one floor and built within an area of 50 square metres, a nominal fee of Re 1 is required for obtaining approval, he said. For properties shared by siblings, a two-metre pathway suffices for plots up to 100 square metres, while 3.6 metres is adequate for larger plots, the minister said. PTI MS STH RHL This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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