NEWS

Rs 65,000 crores set aside for Mumbai suburban rail revamp: Railway minister

November 12, 2018

Credits : housing.com

Mumbai:Railway minister Piyush Goyal has revealed that the budget proposal to invest up to Rs 65,000 crores in infrastructure projects on the suburban railway network of Mumbai, has been approved

Up to Rs 65,000 crores has been approved for a host of rail infrastructure projects on the suburban network in Mumbai and its surrounding areas, said railway minister Piyush Goyal, on November 11, 2018. These projects, investment for which were proposed in this year’s union budget, include new works and upgradation of existing facilities on the busy network, which serves as the transport lifeline of the metropolis, he said.

Goyal said the Maharashtra government has been actively supporting these infrastructure projects, which seek to improve transportation and passenger amenities. “With the blessings of our prime minister Narendra Modi and with the active support of Maharashtra chief minister Devendra Fadnavis, the decision of having an investment of a whopping Rs 60,000 to Rs 65,000 crores in the last proposed budget, has been approved. This will ensure upgradation of the suburban railway system of Mumbai and its adjacent areas,” he said.

“Given the pace at which the infrastructure and public amenity works are being executed by the Railways, I believe that in the next four to four-and-a-half years, the suburban rail network of Mumbai, Navi Mumbai or Mahamumbai, will see a complete metamorphosis,” Goyal said, after commissioning the first phase of the 27-km Nerul-Belapur-Uran corridor on the Harbour route of the Central Railway. Addressing the gathering, Goyal said Fadnavis has set a target of Maharashtra becoming a trillion-dollar economy by 2025. The Indian Railway will play a crucial role in achieving this target, he said. He also inaugurated induction of eight MEMU services between Vasai Road-Diva-Panvel-Pen and other passenger amenities. These amenities included six FOBs (foot over bridges), 41 escalators at 23 stations, 10 lifts at six stations, half a dozen toilets at as many stations and 318 new ATVMs (Automatic Ticket Vending Machines) at 77 suburban stations.

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Source:housing.com