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India allocates funds for MRTS and MUTP in the interim budget [free access]

February 1, 2019

The Government of India (GoI), in its interim budget, has allocated a total of INR191.53 billion to the Ministry of Housing and Urban Affairs for the development of metro and mass rapid transit systems (MRTS). The allocation for FY2019-20 is 22.77 per cent higher than the allocation for the previous fiscal year.

 

Of the total allocation, the Delhi Metro Rail Corporation (DMRC) and the National Capital Region Transport Corporation (NCRTC) will receive grants of INR4.147 billion and INR10 billion respectively for the expansion of their respective systems in and around the NCR.

 

In addition, GoI has allocated INR5.79 billion to the Ministry of Railways (MoR) for the expansion of the suburban rail network in Mumbai. These funds will be allocated for phases 2 (INR2.45 billion), 3 (INR2.84 billion), and 3A (INR500 million) of the Mumbai Urban Transport Project (MUTP).

 

(1 INR [Indian Rupee] = 0.01 USD)