The Karnataka government has launched Bengaluru Smart Infrastructure Limited (B-SMILE), a special-purpose vehicle (SPV) aimed at transforming the city’s infrastructure.
Key Highlights of B-SMILE
• Funding: Backed by an initial ₹7,000 crore investment from the state budgethttps://www.iasjnana.com/.
• Ownership: 90% government-owned, with 10% stake held by BBMP.
• Major Projects:
40 km of tunnel roads to ease congestion.
Flyovers and underpasses for smoother traffic flow.
Road development along stormwater drain buffer zones.
A 250-metre sky deck for pedestrian movementhttps://www.iasjnana.com/.
How B-SMILE Operates
• Functions independently from BBMP, which is set for restructuring.
• Can handle both public and private sector-funded projects.
• Governed by an 11-member board, including a full-time IAS officer as CEO.
• Has full jurisdiction over Bengaluru Urban district.
Impact on Bengaluru
• Expected to reduce traffic congestion and improve long-term mobility.
• Will accelerate infrastructure development beyond BBMP’s routine maintenancehttps://www.iasjnana.com/.
