Mumbai, India (Urban Transport News): The Mumbai Metropolitan Region Development Authority (MMRDA) in its budget for the financial year 2021-22 has approved Rs 12,969 crores for various metro rail and urban infrastructure projects being executed in Mumbai.
Here is the summary of allocation of amount for various projects:-
Rs 2,035.75 crores allocated for various urban infrastructure projects including building the late Balasaheb Thackeray memorial (Rs 100 crore), Bharat Ratna Dr. Bhimrao Ambedkar memorial (Rs 260 crore), development of water sources at the regional level (Rs 613.35 crore), a project to improve the elevated road at the Chheda Nagar junction (Rs 60 crore), maintenance and repairs of the Eastern and Western Express highways (Rs 200 crore) and City Park to Maharashtra Nature Garden elevated hanging bridge (Rs 77.05 crore).
Similarly, Rs 996.95 crore allocations have been made for surveys and grants (Rs 175.35 crore), loan disbursement & fixed deposits (Rs 273 crore) and capital expenditure for administrative purposes (Rs 548.60 crore).
“The budget was approved by MMRDA meeting under the chairmanship of state urban development minister Eknath Shinde today. The budget makes special provisions for infrastructure projects like public transport and Metro railway. This will help reduce the traffic congestion in Mumbai and ensure that Mumbaikars have a comfortable and shorter commute," said an MMRDA official.
It has been learned that the budget estimate for 2020-21 was 15,819 crore but it was revised to Rs 9,851 crore as per actual expenditure.
In the budget for the 2021-22 financial year, an expenditure of Rs 12,969.35 crore is expected and an amount of Rs 9,833.75 crore is expected to be received.
Apart from this, MMRDA has approved the annual report for the year 2019-20 and sanctions have been given for the extension of the Metro 2B (D.N. Nagar to Mandale) and interchange and the Metro 7 (Andheri East to Dahisar East) interchange.
The authority also approved the appointment of a project management consultant (PMC) for the surface topping of the Eastern Express Highway and for works on the Western Express Highway.