Budget 2018: Arun Jaitley announces bonanza for Mumbai, Bengaluru local train commuters
In a first, Finance Minister Arun Jaitley on Thursday announced the expansion of the Mumbai suburban train network, spread over 465 km, at a cost of Rs 11,000 crore.
New Delhi: In a first, Finance Minister Arun Jaitley on Thursday announced the expansion of the Mumbai suburban train network, spread over 465 km, at a cost of Rs 11,000 crore and said the government also planned to allocate Rs 40,000 crore for the city's rail network.
He also announced a corpus of Rs 17,000 crore for the local rail network in Bengaluru, the capital of Karnataka which goes to polls later this year.
"The Mumbai transport system, which is the lifeline of the country, will be expanded and augmented to add 90 km of double line track at the cost of Rs 11,000 crore...An additional 150 km of suburban network is also being planned at a cost of Rs 40,000 crore, including elevated corridors at some sections," Jaitley said.
Maharashtra Chief Minister Devendra Fadnavis tweeted "Celebrate Mumbai!" moments after the announcement was made.
The suburban railway in Mumbai operates 2,342 local train services and carries more than 7.5 million commuters daily and this is the first time that the network is being expanded.
For Bengaluru, Jaitley announced a corpus of Rs 17,000 crore, a day after the state cabinet approved the Bengaluru Suburban Rail Projects' first phase to be implemented in the next three years.
The project is a joint venture between the state government and the Indian Railways, and the state government would bear 20 percent of Rs 349 crore of the total cost.
"A suburban network of approximately 160 km at an estimated cost of Rs 17,000 crore is being planned to cater to the growth of Bengaluru," Jaitley said.
Railway officials said that in the Bengaluru network, as of now, there will be a total of 58 trains offering 116 services.
Each train will have a capacity to carry 1,800 to 2,000 passengers per trip.
Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply
It has been a strange season in many ways, not least because of the COVID bio-bubble the players, staff, and officials were forced into. Here are some of the talking points that shaped the season.
In the previous fixture, JFC stunned the Blues with Stephen Eze's goal separating the two sides. They would be high on confidence after their 2-0 win over Mumbai City.
With the result, Goa not only consolidated their spot in the top four but are also now unbeaten in 12 games – matching their own record between 2014 and 2015 and Mumbai City’s 12-game run this season.