Budget 2013: Funds for Metro to help NCR thrust

NEW DELHI: Delhi Metro has been allocated Rs 5,181 crore, an increase of Rs 670 crore from the previous Budget, largely for construction of the Phase III corridors. It has also got an additional Rs 120 crore for expansion in Faridabad and Bahadurgarh.
The allocation was expected as the budgetary support is crucial for implementing the ambitious expansion of Metro lines across the city, said sources in Delhi Metro Rail Corporation (DMRC).
The Metro has already begun construction of Phase III corridors that will add another 103km of NCR to its map.
According to the Budget proposal, the Metro itself would generate Rs 2,181 crore, including Rs 529 crore from internal resources.
The third phase includes the Mukundpur-Yamuna Vihar (55.69km), Janakpuri West-Kalindi Kunj (33.49km), Central Secretariat-Kashmere Gate (9.37km) and the Jahangirpuri-Badli (4.49km) corridors.
There will be 67 stations with 15 inter-change points. The project is expected to be completed by March 2016.
The central allocation is much less for other Metros other than Chennai Metro Rail Corporation (CMRC). Chennai Metro will get Rs 2,123 crore against Rs 1,648 crore in 2012-13. The maximum drop will be in the case of Bangalore Metro which has received an allocation of Rs 830 crore, almost half of Rs 1,671 crore sanctioned in 2012-13.
After the Kolkata Metro project has gone to the state government, the central allocation for the next financial year will fall to Rs 10 crore against Rs 250 crore in 2012-13.
Union Budget 2013
Budget news 2013
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