A round 2.5 million passengers use the Delhi Metro everyday that has an operational distance of 190 km with an aim to touch 400 km by 2021. "Despite the metro expanding across cities, the pace of metro expansion is inadequate
Tag: metro rail projects
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Centre allocates funds for Metro rail projects
The Union Minister of State for Urban Development Deepa Dasmunshi has stated on March 21 that the provision of Rs 5,897.57 crore and Rs. 6,450.75 crore were proposed in the Union Budget 2012-13 and 2013-14 respectively as Central Government's assistance for metro rail projects.
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Infra debt will boost the segment | Budget 2013-14
The Secretariat for Infrastructure in the Planning Commission is involved in initiating policies that would ensure time-bound creation of world class infrastructure delivering services matching international standards, developing structures that maximise the role of public-private partnerships (PPPs) and monitoring progress of key infrastructure projects to ensure that established targets are realised.
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Govt prepares policy for metro rail projects
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 ha
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