In order to aid state governments in drafting their own feasibility reports for metro rail projects, the Central Government has prepared a consolidated policy for such projects.
The consolidated policy focuses on both public-private partnership (PPP) and government funding models. The Central Government would consider the request for funding from the state government for metro rail projects based on the policy. The government earlier planned to implement metro rail projects in 34 cities that have one million plus population.
The Union Urban Ministry is learnt to be getting a lot of requests from state and city administrations for funding their proposed metro rail projects. The ministry however has supported the government-funded model as success rate of PPP model is yet to be ascertained. The policy stated that PPP is supported where the corridor is mostly elevated and ridership quite high.
The ministry is working on the proposals forwarded by cities like Ludhiana,Pune, Chandigarh, Guwahati, Nagpur, Ahmedabad and Surat among other cities in the country.
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