B-SMILE to start with ₹7,000 crore financial commitment from Karnataka government:

Daily Current Affairs / B-SMILE to start with ₹7,000 crore financial commitment from Karnataka government:

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Category : Business and economics Published on: May 14 2025

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Bengaluru Smart Infrastructure Limited (B-SMILE), a dedicated special-purpose vehicle (SPV) to execute big-ticket infrastructure projects in the city, will have an initial financial commitment of ₹7,000 crore from the Karnataka government, but is authorised to attract private investment as well.
This dual approach is designed to enable greater flexibility and resource mobilisation for large-scale urban infrastructure projects, sources said.

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B-SMILE to start with ₹7,000 crore financial commitment from Karnataka government: