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

US Senate Passes $95 Billion Aid Package for Ukraine, Israel, and Taiwan

Washington DC: In a significant bipartisan effort, the US...

NewsMobile Morning Brief

Congress Tried To Give Reservation To Muslims By Reducing...

IPL 2024: Stoinis’ Brilliant Century Guides LSG To Six-Wicket Victory Over CSK In Thrilling Chase

Chennai: Marcus Stoinis played a pivotal role with a...

Fact Check: Old Clipped Video Of Owaisi Shared With False Communal Angle 

A video of AIMIM leader Asaduddin Owaisi is being...