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₹550 crore allotted in Budget 2020 for Railways in Mumbai

The urban transport project has received ₹28 crore less funds compared to financial year 2019-20, when the total alloted fund for the MUTP was ₹578 crore

₹550 crore allotted in Budget 2020 for Railways in Mumbai
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In an attempt to bring a reform for the rail service in Mumbai, the Centre has allocated ₹550 crore for Mumbai Urban Transport Project (MUTP). The allocated funds will be undertaken to expand and increase the capacity of Mumbai's suburban network.

As per the 'pink book', a budget document that consists of details about allocation of funds for several projects and works, ₹200 crore has been allocated for MUTP-2, ₹300 crore for MUTP-3 and ₹50 crore for MUTP-3A.  The pink book was released on Wednesday, Februrary 5.

In the meantime, urban transport project has received ₹28 crore less funds compared to financial year 2019-20, when the total alloted fund for the MUTP was ₹578 crore. While the funds for MUTP have faced a slight decline, Railways must aim to spend the allocation within the assigned deadline.

The budget document further added that the Belapur-Seawood- Uran project, which is expected to provide connectivity to the proposed Navi Mumbai airport and Raigad district, would get ₹100 crore in the financial year 2020-21.

In her over 2-hour-long speech for Budget 2020-21, Union Finance Minister Nirmala Sitharaman declared that the rail corporation is planning on running trains like Tejas for tourist destinations.

"Focusing on the proposed private train operations from the city, the government has allocated Rs eight crore for Panvel terminus in Navi Mumbai and Rs one crore for a rail terminus at Jogeshwari in western suburbs," a railway official told MoneyControl.

Western Railway has received in their allocation,

  • ₹1.18 crore for the integrated security system at 32 of its suburban stations.
  • ₹4.24 crore for conservation and restoration of Bandra station as a Grade-I heritage structure.

On the other hand, Central Railway has received,

  • ₹55 crore for the 67 km-long third line between Kalyan-Kasara stations.

The pivotal aim for the budget is to reduce pressure on the existing two lines and allow the railways to run more trains on the corridor. 

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