[ecis2016.org] Maharashtra chief minister Devendra Fadnavis has approved a Rs 12,156.95-crore budget for the MMRDA for 2018-19, with allocation of funds for major infrastructure projects like the metro rail and Mumbai Trans Harbour Link
With a focus on speedy implementation of various infrastructure projects in the megapolis, Maharashtra chief minister Devendra Fadnavis, on March 22, 2018, approved the Rs 12,156.95-crore budget presented by the Mumbai Metropolitan Region Development Authority (MMRDA) for 2018-19. The budget, which was presented at the Authority’s 145th meeting, has made a large provision of funds for crucial projects such as the metro corridors, Mumbai Trans Harbour Link, development of flyovers, creek bridges and road network, the MMRDA said in a statement.
You are reading: MMRDA ups focus on infra, with Rs 12,157-crore budget for FY19
It has made a budgetary provision of Rs 4,700 crores for seven metro projects – including Rs 1,588 crores for the Dahisar to DN Nagar Metro-2A corridor, Rs 1,262 crores for the Andheri (east) to Dahisar (east) Metro-7 corridor, Rs 700 crores for the DN Nagar to Mandale Metro-2B, Rs 500 crores for the Colaba-Bandra-SEEPZ Metro-3 corridor, Rs 450 crores for the Wadala-Ghatkopar-Thane-Kasarvadavli Metro-4 corridor and Rs 100 crores each for the Thane-Bhiwandi-Kalyan Metro-5 and Swami Samarth Nagar-JVLR-SEEPZ-Vikhroli Metro-6 corridors.
Read also : ‘Companies that invest in technologies and encourage innovation, are likely to perform better’
Similarly, the provision of Rs 2,100 crores, opens up the speed-gates for the Mumbai Trans Harbour Link project. “This link will not only provide direct access to Navi Mumbai, the new international airport and be a convenient gateway to the Mumbai-Pune Expressway and further to southern India, but will also help develop the mainland,” MMRDA said.
[ecis2016.org] Maharashtra wants planning agencies to share cost of infra projects
The authority has further made a significant allocation of Rs 581 crores, for the ongoing 403 MLD Surya regional water supply scheme, which has been undertaken to provide bulk water supply to Mira-Bhayandar and Vasai-Virar municipal corporations, as also for some rental housing schemes in the area. The Rs 1,611-crore project will collect water from the Surya dam, treat the same at Surya Nagar and distribute it by laying an 88-km-long pipeline.
Read also : Noida Sector 39 property market: An overview
During the meeting, Fadnavis also directed the authority to create a labour welfare fund for the workers deployed on Metro projects. MMRDA said this fund will be created through various penal actions taken against the contractors for accidents causing light, grievous and fatal injuries or reporting accidents late or wilfully suppressing them.
UPS Madan, metropolitan commissioner, MMRDA, said this is not only to press contractors to take adequate safety measures during the construction but also to take care of the workers and their family members by compensating them in case of any mishaps. “The MMRDA will soon draft a policy, based on which the sufferer and his family can be compensated,” he added.
Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org
Source: https://ecis2016.org
Category: Lifestyle
