For the fiscal year 2019-20, Maharashtra Chief Minister Devendra Fadnavis on Wednesday allocated ₹16,909.10 crore budget for the Mumbai Metropolitan Region Development Authority (MMRDA). This budget has been assigned for the ongoing and proposed infrastructure projects.
However, no funds have been assigned for the hybrid buses initiated for the commuters travelling to Bandra-Kurla Complex (BKC). The hybrid bus service has been introduced jointly by MMRDA and Brihanmumbai Electric Supply and Transport (BEST).
Since the hybrid buses are not making any profits, the authorities have decided not to buy any additional buses this year. In comparison to the previous year budget for MMRDA which was ₹12,157 crore, the Maharashtra government has increased the budget this year by ₹4,752 crore.
The authorities have assigned ₹50,250 crore for Mumbai-Trans Harbour Link (MTHL) and Virar-Alibaug Multi-Model Corridor. Since, both are major projects, a huge portion of the funds has been assigned to the same. ₹150 crore has been allocated for the Monorail Phase-II from Wadala to Jacob Circle.
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While ₹100 crore has been allocated for the expansion of Santacruz-Chembur Link Road till Wakola and the construction of an elevated road from BKC to Western Express Highway. An estimated cost of ₹75 crore and ₹54 crore has been assigned for the elevated road in Chheda Nagar, Ghatkopar.
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