Udupi, Sep 24 (DHNS) : Union minister for Corporate Affairs and Power M Veerappa Moily said on Sunday that the Union government plans to infuse Rs 5,000 crore along Indian’s coast line as part of a mega tourism project.

He said the Union government will initially release Rs 50 crore to each state.

Moily said the project would be launched in the current fiscal. He was speaking to reporters after a meeting with the Congress party’s district workers.

 He said directions had been issued to state governments to come up with blue prints for investments, and also to look into issues pertaining to the coastal regulatory zone (CRZ) rules.

Karnataka’s government was asked to send a report on possibilities of tourism ventures in between Karwar and Ullal. Moily has also asked Udupi district administration to send proposals of tourism projects in the region.

The minister said talks were held with officials of the National Highway Authority of India over the impending widening of road from Kundapura to Karwar.
The officials were asked to start work in two months. The stretch will be widened to a six-lane road. The tender process for this was over, he said.