It is yet to be decided whether the Rs 2,356 crore (Rs 23.56 billion) Phase One of the project is eligible for VGF or not, a key Finance Ministry official told PTI. \n
On Tuesday, the state-run Mumbai Metropolitan Region Development Authority, the planning body, indicated that it expected to award the contract before December, which would pave the way to kick start construction in the same month.
The Mumbai Metro Rail Corporation Ltd started hacking trees from Friday night to make way for a car shed, hours after the Bombay high court dismissed four petitions filed by NGOs and activists challenging the decision to allow felling of trees in the prime green lung of the city.
The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution
Professor Avkash Jadhav, head of the history department at St Xavier's College and trustee of the city-based KAASH Foundation, said a Special Investigation Team should be set up to inspect the site where trees were cut and ascertain the actual damage done.
The activists argued that an appeal would be filed in the apex court on Monday but by then the MMRCL would have completed cutting all the trees in the colony.
Activists and leaders of the opposition -- Congress and Nationalist Congress Party on Monday welcomed the Supreme Court's order restraining authorities from cutting anymore trees in Aarey Colony in Mumbai to make way for a Metro car shed.
Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.
Activist Zoru Bathena has filed a petition challenging the civic tree authority's approval on August 29 for felling trees for the car shed.
As we wave goodbye to 2019, we look back at the highlights of the year, in the numbers that made it memorable.
At present, Mumbai Metro One Private Ltd (MMOPL) is offering a promotional fare of Rs 10 for all the destinations till July 9.
The airport operator currently levies a development fee of Rs 600 from an international passenger and Rs 100 from a domestic traveller.
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
The apex court has directed that status quo be maintained till its next hearing on October 21.
On September 20, the Maharashtra government had told the court that Aarey cannot be declared a forest just because of its greenery.
MMOPL has already taken a decision to extend the fare slab of Rs 10 to Rs 40.
'It was immoral to cut the trees at Aarey, says Delhi law student Rishav Ranjan.
'He is posting that someone who took the metro (during a medical emergency) got saved.' 'Let him try doing the same. He cannot peddle nonsense just because he is a star.'
A look at few marquee projects that are stuck for several reasons.
These projects will be undertaken by BMC, Mumbai Metropolitan Region Development Authority, Maharashtra State Road Development Corporation.
Let those in power put trees on par with the sacred cow. And century-old trees certainly need to be worshipped, says Anil Singh.
The economic slowdown has made it difficult for companies to record financial closure of a few awarded projects.
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
Govt says coastal road is meant to decongest Mumbai, experts believe it would be counter-productive.