Metro & Rail Development: The Union Cabinet has approved four important projects on a single day to transform the country’s infrastructure. The Modi government has approved four major projects worth Rs 19,919 crore and it is hoped that this will put India on the path of development. Among these Pune Metro 9,858 crore for expansion while Rs.MumbaiFunding has been sanctioned for two new lines on the nearby Badlapur-Karjat route. Also, Rs 7,280 crore for Rare Earth Magnet Scheme, while, GujaratDoubling of Okha-Kanalas route in These projects can significantly reduce travel time, directly benefiting millions of commuters.
Biggest budget for Pune Metro
The Union Cabinet has approved the largest budget for Pune Metro. 9,858 crore has been sanctioned for the expansion of Pune Metro Phase 1, which also includes a new line of 32 km length. This new route will extend from Kharadi to Khadakwasla and Nal Stop to Manik Bagh and will increase Pune’s metro network by over 100 km. This is a pleasant decision for Pune residents to avoid traffic jams.
The Government of India has also approved the Rare Earth Permanent Magnet (REPM) scheme, keeping in mind the future technology. There is a budget of Rs 7,280 crore for this. The main objective is to manufacture high-tech magnets in India, which are used in electric vehicles and mobile phones. Currently, we are dependent on other countries. But, this decision will make India self-reliant.
The central government has also given good news to the devotees in Gujarat. The number of trains to Devbhumi Dwarka has been increased by sanctioning Rs 1,457 crore for the doubling of the Okha to Kanaloos railway line. Due to this 159 km long track, freight trains will run at a faster speed.
‘Good News’ for Mumbai Local Passengers
Mumbai LocalThere is also important news to travel with. The Union Cabinet has approved the third and fourth route between Badlapur and Karjat and the project cost Rs 1,324 crore. Funds have been made available. There is heavy traffic on this road as it has only two lanes. However, now local trains and freight trains will be able to run separately due to the new lines. This will make travel easier for Mumbai local commuters.
19,919 crores in total on these four decisions by the central government. This decision is important for the development of both the railway and metro sectors. The Pune project and the Mumbai project will be game-changers for Maharashtra and the rare earth scheme will give a new direction to the country’s technology
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