With Focus On Connectivity, MMRDA Presents Rs 12,000-Cr Budget

With Focus On Connectivity, MMRDA Presents Rs 12,000-Cr Budget

With Focus On Connectivity, MMRDA Presents Rs 12,000-Cr Budget
(Shutterstock)

India’s richest state-owned civic authority Mumbai Metropolitan Region Development Authority (MMRDA) presented its annual Budget worth Rs 12,157 crore for 2018-19 on March 22. This is almost 74 per cent more than the previous year’s Budget of Rs 6,976 crore, and the highest in the history of Independent India. While Mumbai has got the major share for development of various infrastructure projects, other regions found no mention in the Budgetary allocations, passed by Maharashtra Chief Minister Devendra Fadnavis. Like last year, the lion share of the Budget has been allocated to the upcoming seven Metro projects, the Mumbai Trans-Harbour Link Road and the Monorail.

Let us look at the key highlights.

Boost for the Metro

*Around Rs 4,700 crore has been set aside for seven upcoming Metro corridors as compared to Rs 3,273 crore last year

*Over Rs 1,588 crore has been allocated to Metro-2A (Dahisar to DN Nagar) and Rs 1,262 crore to Metro-7 (Andheri to Dahisar), to be completed by the next year.

*Nearly Rs 700 crore has been allocated to Metro-2B (DN Nagar to Mandale), Rs 500 crore to underground Metro-3 (Colaba-Bandra-SEEPZ), Rs 450 crore for Metro-4 (Wadala-Ghatkopar-Mulund-Thane-Kasarvadavali), Rs 100 crore each for Metro-5 (Thane-Bhiwandi-Kalyan) and Metro-6 (Swami Samarth Nagar-Kanjurmarg-Vikhroli). The construction on all these routes will begin this year.

*About Rs 217.5 crore has been allocated for the monorail between Chembur- Wadala-Jacob Circle. The project will be operational by April 2018.

Revival of road

* A total of Rs 2,100 has been allocated for the Mumbai Trans Harbour Link (MTHL) from Sewri to Nhava Sheva. Last year, the fund granted for the project stood at Rs 1200 crore.

*Rs 180 crore has been allocated for the widening of the Santa Cruz-Chembur Link Road from Kurla to the Vakola Bridge and construction of an elevated road from the Bandra-Kurla Complex to the Western Express Highway.

*Rs 126 crore has been set aside for the repairing work of the western and eastern express highways.

*Around Rs 70 crore will be spent for the improvement of the Chheda Nagar Junction.

More for connectivity

*Rs 50 crore has been allocated for improvement of road network outside the MMR, 50 per cent less than what was allocated in last year’s Budget.

*Rs 1,290 crore has been set aside for the extended Mumbai urban infrastructure projects that intend to develop infrastructural facilities in the Mumbai metropolitan region to create new jobs and to develop flyovers, creek bridges and road network to improve connectivity to satellite cities nearby.

*Rs 581 crore has been allocated for the ongoing 403 Surya Regional Water Supply Scheme that will collect water from the Surya Dam, treat it at Surya Nagar and distribute it to Mira-Bhayandar and Vasai-Virar Municipal Corporations by laying 88-km pipeline.

*Rs 83 crore has been allocated for the Bandra-Kurla Complex to improve its connectivity and infrastructure.

*A Labour Welfare Fund will be set up for the workers deployed on different Metro projects in the city.

*Around Rs 20 crore has been set aside for development and protection of the Mithi river as compared to Rs 5 crore in the previous year’s Budget.

*Over Rs 162 crore has been set aside for the development of rental houses with infrastructure facilities.

With inputs from Housing News

Similar articles

@@Tue Oct 30 2018 13:22:50