MMRDA presents infra-focussed Rs 16,900 Cr Budget for 2019-20

By Rohit Sharma

MUMBAI:

The Chief Minister Devendra Fadnavis has approved Rs 16,909 crore budget for the year 2019-20 presented by the Mumbai Metropolitan Region Development Authority (MMRDA) in the meeting, today.

This year’s budget has increased by Rs 4,000 crores whereas the previous year 2018-19, the budget was allocated for Rs 12,157 crores.

This budget has showcased a great deal of balance in its allocation, for, while it provides for major infrastructure projects it also pays tribute to Dr Babasaheb Ambedkar and Bal Thackeray in as much as it allocates an amount of Rs 210 crore for their Memorials.

CM said, “While infrastructure is the need of the hour, Memorials will keep us rooted in our illustrious history. We will only achieve total development with past, present, future and environment hand in hand and will attain it sooner than later.”

The Authority has also decided to allocate Rs 100 crore for the Metro Bhavan that is slated to come up at Aarey. It will provide facilities such as Training Academy, Metro Operational Control Centre, Offices, Cafeteria along with 7 residential floors.

The Metro Operational Control Centre in this Metro Bhavan will monitor and control all 13 Metro corridors in the city as also the metropolitan region.

The budget has also allocated Rs 7, 400 cores for 10 Metro projects . The Mumbai Trans Harbour Link (MTHL) and Virar-Alibaug Multi-Modal Corridor has also received  Rs 3,000 crores and Rs 2,250 crores. The Authority has also prioritized many projects – the very crucial being the Monorail Phase-2.





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