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Karnataka’s B-SMILE Scheme
Context
The Karnataka government has launched B-SMILE with an initial Rs 7,000 crore commitment to fast-track major infrastructure projects in Bengaluru, marking a key step under the upcoming Greater Bengaluru Governance Act, 2024.
What is B-SMILE?
- Bengaluru Smart Infrastructure Limited (B-SMILE) is a newly created Special Purpose Vehicle (SPV) launched by Karnataka to plan, fund, and implement large-scale infrastructure projects in Bengaluru.
- This initiative marks a shift from fragmented urban planning to a centralised, professionally governed body focused on long-term urban transformation, especially in a rapidly expanding and traffic-congested city like Bengaluru.
- B-SMILE is not just another civic body. It is a dedicated company, fully government-owned but designed to attract private investment as well, giving it the flexibility to execute big-ticket projects outside routine bureaucratic processes.
- Need: Bengaluru has long struggled with: Traffic congestion, uncoordinated infrastructure, slow project implementation, overlapping authorities among BBMP, BDA, BWSSB, etc. To overcome these challenges, B-SMILE has been designed as a central executing body for all major infrastructure projects in the city, especially those that span across multiple administrative zones.
- B-SMILE will be governed by an 11-member Board of Directors, with a full-time CEO (an IAS officer).
- Other similar projects:
- Smart City SPVs
- Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) – Central Govt
- Mumbai Metropolitan Region Development Authority (MMRDA) – Maharashtra
- Chennai Unified Metropolitan Transport Authority (CUMTA) – Tamil Nadu
- Ahmedabad Urban Development Authority (AUDA) – Gujarat
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