more-inThe Bengaluru suburban railway project received a boost on Wednesday as the Cabinet approved investing 20% of the total project cost — ₹1,745 crore — over the next two years. The State’s equity in the project that would come to about ₹349 crore will be allocated over two financial years. The SPV will raise the necessary funding as per the suburban railway policy of Indian Railways,” he added. Upgrading signalsThe State Cabinet has also cleared the Home Department’s proposal to upgrade 363 signals to Vehicle Actuated Traffic Signal (VATS). The traffic police have also proposed that 100 traffic signals in the city manage increased traffic.

Source: The Hindu January 31, 2018 19:19 UTC