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Financial clash stops highway construction of Madikeri in mid

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The state government of Karnataka has taken a oath to bring a infrastructural renovation in the state. As a part of this Madikeri is also influenced by the government decision and started few road works. According to the sources of www.propertykhazana.com there are many projects in the pipeline which were left at the mid of the season due to some or the other reasons by the developers. A 17 kilometer long highway between Madikeri and Sampaje was completed previous year and the remaining is still untouched due to some financial issues between the developer and the concern authority. It was a Rs 103 crore project of Highway from Kushal nagar to Sampaje under the Karnataka Road Development Corporation Ltd. The tender for the work was allotted to Hubli based R N Nayak & sons firm and the company has immediately stepped in to the action. The company has concluded successfully the area of Kushal Nagar to Madikeri and last year they have finished the work of the road connecting Madikeri to Devarakolly.
But surprisingly the authority of Karnataka Road development Corporation Ltd is not willing to release the amount of the completed work and there fore company cannot take risk for the next stage completion until and unless the pending amount is delivered to the company. The company is already running a loss balance sheet with free food and shelter to its 380 laborers since October. On approaching to the local official of KRDCL it was known that they are not in the power to influence the matter as the entire task is handled by its head office in Bangalore. Later on assembly speaker K G Bopaih came in front to settle the misunderstanding between the officials of the KRDCL and RNN firm. Even if the issue settles down another hindrance is the entrance gate of the District Hospital where a connecting path has to be constructed for emergency patients before continuing the left job of the roads.

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