Placeholder canvas

Delhi Metro Phase IV plan delayed due to funding issue

Date:

A funding dispute took place between the Centre and Delhi government and has obstructed the expansion of Delhi Metro’s Phase IV. Ironically, the project was approved after 2 years by the Union Cabinet in March.

Delhi Transport Minister Kailash Gahlot directed his team of DMRC to not work on Phase IV until further clarifications as per reports.

ALSO READ: Noida: Con-artist scams 14 lakh e-commerce customers, arrested from office

“The matter was brought to my notice when DMRC wrote to the Delhi government seeking Rs 200 crore to start initial works on the project. As per DMRC’s new funding plan, after the Centre cleared the three routes, the share of Delhi government increased to Rs 7,844.70 crore from Rs 5,994.50 crore that was earlier approved by the state cabinet for the same lines”, as reported.

The deadline has now been extended by 2 years and extended to December 2024.

 

Click here for Latest News updates and viral videos on our AI-powered smart news genie

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Biden’s ‘Election Potshot’ At Key India And Japan Will Not Derail Ties

The President said " This election is about freedom, America and democracy. That’s why I badly need you. You know, one of the reasons why our economy is growing is because of you and many others. Why? Because we welcome immigrants"

IPL 2024: SRH Edge Past RR On Final Ball To Clinch 1-run Victory

SRH defied the odds and got across the finishing line from the point when defeat stood out as the most likely result for the hosts

Jan 6 Violence: Donald Trump Confirms He Wanted To Go To The Capitol

Speaking to his supporters in Wisconsin, Trump attacked senators looking into the Capitol disturbances on January 6 and went on to rant extensively about his legal matters

Mysterious Laser Transmission From 140 Million Miles In Deep Space Strikes Earth

In October 2023 NASA launched a space mission, sending a spacecraft towards an asteroid which was named 'Psyche 16' which is believed to be primarily composed of a metal, a rarity in our solar system