Budget 2019-20: MMRDA Gives Major Thrust To Metro Projects

Budget 2019-20: MMRDA Gives Major Thrust To Metro Projects

Budget 2019-20: MMRDA Gives Major Thrust To Metro Projects

The Mumbai Metropolitan Region Development Authority (MMRDA) on February 28 announced its Budget for the financial year 2019-20. Keeping its focus on the ongoing infrastructure projects, the MMRDA presented a Rs 16,909-crore Budget, 35 per cent more than the previous year’s Budget. 

Here are the key highlights of the MMRDA Budget.

Metro push

  • The civic authority increased its Budgetary allocations for the Metro projects in the city from Rs 4,700 crore in 2018-19 to Rs 7,486 crore this year.
  • The Metro 2A (DN Nagar to Dahisar) and the Metro 7 (Andheri East to Dahisar East) have received a large share of the allocation, Rs 1,895 crore.
  • The Metro 1 (Versova-Andheri-Ghatkopar) received Rs 98 crore, while the Metro 2B (DN Nagar to Mandale) got Rs 519 crore as Budgetary allocation. Apart from this, Rs 650 crore were allocated to the Metro 3 (Colaba-Bandra-SEEPZ), Rs 1,337 crore was set aside for the Metro 4 (Wadala to Kasarvadavali), Rs 150 crore for the Metro 5 (Thane-Kalyan), Rs 800 crore for the Metro 6 (Samarth Nagar-Vikhroli), Rs 5 crore each for Metro 10, 11, 12 that will connect Gaimukh to Shivaji Chowk, Wadala to Bombay Central and Kalyan to Taloja, respectively.
  • The authority also allocated Rs 150 crore for the maintenance of the second phase of Monorail from Wadala to Sant Gadge Chowk.

Other allocations

  • The MMRDA allocated Rs 3,000 crore for the Mumbai Trans Harbour Link and Rs 2,250 crore for the Virar-Alibaug Multi-Modal Corridor, the two biggest upcoming infrastructure projects in the Maximum City. 
  • The MMRDA set aside Rs 500 crore for the Mumbai Urban Transport project, Rs 800 crore for the land acquisition for the Extended Mumbai Urban Infra project and Rs 143 crore for the development of road network outside the metropolitan region.
  • Funds worth Rs 100 crore were announced each for the extension of the Santacruz-Chembur Link Road to Vakola and construction of the elevated road from the Bandra-Kurla Complex (BKC) to the Western Express Highway.
  • About Rs 75 crore has been allocated by the MMRDA to the upcoming elevated road at Chedda Nagar and Rs 54 crore has been set aside for infrastructure development inside the Kalina University Campus.
  • The MMRDA has allocated Rs 210 crore for Dr Ambedkar and Balasaheb Thackeray memorials.
  • An outlay of Rs 704 crore was set aside for the water supply scheme to provide water to the 20 lakh residents of the Mira-Bhayander and the Vasai-Virar Municipal Corporations through 88 km long pipelines.
Last Updated: Fri Mar 01 2019

Similar articles

@@Wed May 13 2020 19:59:51