Bangalore: The Karnataka Government is encouraging various infrastructure projects in and around the Bangalore city along with several infrastructure projects across the state. The cabinet meeting has given approval to the fast-track AerospacePark in Bangalore and permission to prepare a detailed project report (DPR) for infrastructure development on peripheral ring road of the city.The Government has announced Angel Funding as an aid to new innovative upcoming projects in Karnataka. Main steps taken by the government for boosting the infrastructure development in Karnataka and Bangalore include fast-track Aerospace Park approval and preparation of detailed project report for peripheral ring road.On the other hand, Cabinet also approved Sirichandanavan scheme for increasing sandal wood growth in the state. Under this scheme, government has provided 5 crore as a fund to grow sandal wood on 5000 acres of land across the state.The Government has given a contract to the DULT Company to prepare the project report for the 65 km long peripheral ring road. Preparation of DPR for the peripheral ring road is estimated at about Rs 5,800 crore which will be funded by Japanese International Cooperation Agency (JICA). The projects will be cleared out by the single window clearance committee which will clear projects up to Rs 100 crore and above 100 crore will be cleared by the State High Level Clearance Committee (SHLCC).Bangalore Aerospace Park (BAP) will be located adjacent to the Bangalore International Airport (BIAL) which will house about 252 acres Special Economic Zone.займ на карту без отказов круглосуточновзять кредит онлайн