Is the alloted budget for Metro sufficient?

Q: in the new budget a Budget of Rs 3470 Crore has been alloted for the metro- discuss?

Neha Srivastava, Delhi-NCR

16th July 2014

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union budget 2014-2015

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Replies (2)

Well the big chunk of the funding is being done by the Japanese and the center and Delhi government has just a 10 % share..so the works will be completed on time and will not have any effect on the deadlines,

Gireesh Hegde, Hyderabad

16th July 2014

Comment

Hmm... yeah and tenders have been given for the two new corridors as well as the extension of the Badarpur line to Kashmere Gate and the Jehangirpuri line to Badli. The extension to Faridabad and Bahadurgarh are also part of Phase III.

Contractors are already in place and have started work along several stretches of Phase III.

Hitesh, Gurgaon

16th July 2014

well as a matter of fact the amount alloted is almost half of what the metro has expected and asked for.. however officials say that it is enough for the continuation of the ongoing work.

Vikram Singh, Noida

16th July 2014

Comment

Yeah Vikram they had demanded for Rs 6,579.23 crore and the centre has allowed Rs 838.07 crore as part of Centre's equity along with Rs 145.81 crore for its expansion into NCR.

Metro has also received Rs 763.15 crore against land acquisitions and central taxes besides a Rs 1723.13-crore loan from JICA.

Bhawna, Gurgaon

16th July 2014