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In-principle approval for Pune Metro

In-principle approval for Pune Metro

The Union government accorded an in-principle approval for the Pune metro plan. The project will cover 31.51 km along two corridors-PCMC building to Swargate and Vanaz to Ramwadi. The approval will enable the state to start for the early implementation of the project through a special purpose vehicle, equally and jointly owned by the Centre and the state government. However, the approval is not a prior approval for the project in part or whole for financial assistance.