State Government Mulls Over Idea Of Metro Project Funding

State Government Mulls Over Idea Of Metro Project Funding

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Date of Post : 19 Aug, 2017

Ghaziabad: For the Dilshad Garden-New Bus Stand metro project, the state government is now mulling over the idea in which UP government & centre will bear the cost of the project.

Sadakant, additional chief secretary said,”Initially, the GDA had conceived a funding pattern in which GDA, GMC, UP Housing Board and UPSIDC were required to contribute but now it’s not working.”

More Information:

  • Sadakant said,”So the way out is that UP government and centre through urban development ministry should collectively take up the responsibility of funding the project and shortly this proposal will be placed in the cabinet.”
  • Similar funding pattern will be employed across country where Metro Rail projects are being undertaken, he added.

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