MMRDA presents Rs 5,570-cr budget to Maha Govt for FY 12
Mumbai, Jan 18 (PTI) Mumbai megapolis'' premier planningbody, MMRDA, intends to spend Rs 5,570-crore in FY 12 onpublic infrastructure, the lack of which has generated muchheat in recent months.
The Mumbai Metropolitan Region Development Authority(MMRDA), whose mandate extends into areas adjoining GreaterMumbai, today presented a Rs 5,570 crore budget with a specialemphasis on public transport and infrastructure.
The city''s infrastructure has been a subject of intensedebate with sceptics saying the crumbling public amenities ishurting prospects of Mumbai turning into an internationalfinance centre as envisioned by the Government.
The major chunk of the budget -- Rs 1,264 crore -- hasbeen allotted to Metro and Monorail Projects with theChembur-Wadala-Jacob Circle monorail to be commissioned thisyear being granted Rs 964-crore, a press release issued heresaid.
Apart from decongesting the cramped local trains, themonorail and metro projects will provide faster transport onthe east-west corridor.
Mumbai Urban Transport Project-2 has been allotted Rs300-crore for the development of the 5th and 6th lines betweenCST to Kurla, providing an additional line from Thane to Diva,6th line from Mumbai Central to Borivli and extension of theHarbour line from Andheri to Goregaon, the release said.
Apart from that, a total of Rs 1,300-crore has beenallotted to road and flyover projects, the release said,adding Rs 220-crore and Rs 100-crore have been earmarked forwater resources and rental housing projects, respectively. PTIAA JJVKV
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