Millennium Post

UP govt releases funds for Gzb Metro line

Ghaziabad: The Uttar Pradesh government on Thursday removed the barrier of fund crunch in the construction of the metro line from Dilshad Garden to Ghaziabad's new bus stand. The government has extended their support and has approved the remaining funds which have left the project pending for over two years.
The approval came during an official meeting presided over by Chief Secretary Rajiv Kumar. Delhi Metro Rail Corporation (DMRC) will hold the responsibility to complete the project. The project was earlier delayed due to lack of funds and non availability of land.
According to the reports, the 10-km Metro line project is proposed to be completed within Rs 2,210 crore. The Ghaziabad Development Authority (GDA) had already paid paid its share of Rs 695.80 crore.
With the approval from the state government the local Municipal Corporation has to pay Rs 246.50 crore, the Avas Vikas Parishad and the Uttar Pradesh State Industrial Development Corporation have to pay their share of Rs 440.45 crore and Rs 97 crore, respectively, within 10 days to the GDA, as per the Chief Secretary's order. The central government would pay its share of Rs 402.40 crore, which was on hold for want of state government approval.
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