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Pune Metro Receives 814 Core boost from budget

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Pune (Metro Rail News): On July 23, Union Finance Minister Smt. Nirmala Sitharaman announced a budgetary provision of Rs 814 crore for Pune Metro in her budget presentation. According to Maha Metro officials, this financial aid will boost Pune Metro’s expansion plans.

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Pune Metro Receives 814 Core boost from budget 3

Reflecting on this, Shri Devendra Fadnavis, Deputy Chief Minister, stated, “Those who are alleging that there was no mention of Maharashtra should look at the budgetary provisions, including the one made for Pune Metro. Rs 814 crore has been provided by the Union budget for Pune Metro,” as reported by the Indian Express.

Maha Metro Seeks Break-Up Details of Funding

Furthermore, Mr. Shravan Hardikar, Maha Metro Managing Director, stated, “We had sought Rs 500 crore for extensions of the Pune Metro route up to Katraj and Wagholi. We do not know the break-up of the Rs 814 crore so far. It could also be for the ongoing works of Pune Metro or might also include Metro work being implemented by PMRDA. We will wait for more clarification on this count from the government.”

Additionally, Mr Hardikar mentioned that the centre has already approved financial aid of Rs 970 crore for the 4.519 km long Pimpri-Chinchwad Municipal Corporation (PCMC) to the Nigdi stretch of the Purple Line. “We don’t know whether the budget includes some portion of this amount as well,” he added.

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Pune Metro Receives 814 Core boost from budget 4

This stretch will feature four stations: Chinchwad, Akurdi, Nigdi, and Bhakti-Shakti. It also involves the construction of a viaduct comprising 1181 segments and 151 spans. Upon completion, the metro will start from Bhakti-Shakti and conclude at the Civil Court in Shivaji Nagar.

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