+
Budget 2022: Centre allocates Rs 19,130 cr for metro projects
RAILWAYS & METRO RAIL

Budget 2022: Centre allocates Rs 19,130 cr for metro projects

In the Union Budget of 2022-23, the Centre has allocated Rs 19,130 crore for several metro projects across the country.

On Tuesday the Union Budget was presented by the Union Finance Minister, Nirmala Sitharaman. An outlay of Rs 19,130 crore is made in the Union Budget for various metro projects across India.

In November 2021, Union minister Hardeep Singh Puri said that a metro network of 723 km was operational across 18 cities, and an additional over 1,000 km of a network was under construction. Additionally, six new proposals were being evaluated.

Delhi Metro officials stated that in recent years, the Ministry of Finance has been providing a Budget for all metro projects across India, and not Delhi Metro Rail Corporation Limited (DMRC) alone. In Budget 2022-23, the allocation was made for all metro projects in India. For metro projects, the allocation made in the budget last fiscal was Rs 18,978 crore.

The current span of the DMRC network is roughly 392 km along with 286 stations.

Other than that, the metro services are operating in several other cities such as Mumbai, Banglore, Lucknow, Hyderabad, and Kochi.

Furthermore, an outlay of Rs 4,710 crore has also been made in the budget for the National Capital Region Transport Corporation (NCRTC) projects.

Image Source

Also read: Bengaluru metro rail network to be extended to 170 km: BMRCL

In the Union Budget of 2022-23, the Centre has allocated Rs 19,130 crore for several metro projects across the country. On Tuesday the Union Budget was presented by the Union Finance Minister, Nirmala Sitharaman. An outlay of Rs 19,130 crore is made in the Union Budget for various metro projects across India. In November 2021, Union minister Hardeep Singh Puri said that a metro network of 723 km was operational across 18 cities, and an additional over 1,000 km of a network was under construction. Additionally, six new proposals were being evaluated. Delhi Metro officials stated that in recent years, the Ministry of Finance has been providing a Budget for all metro projects across India, and not Delhi Metro Rail Corporation Limited (DMRC) alone. In Budget 2022-23, the allocation was made for all metro projects in India. For metro projects, the allocation made in the budget last fiscal was Rs 18,978 crore. The current span of the DMRC network is roughly 392 km along with 286 stations. Other than that, the metro services are operating in several other cities such as Mumbai, Banglore, Lucknow, Hyderabad, and Kochi. Furthermore, an outlay of Rs 4,710 crore has also been made in the budget for the National Capital Region Transport Corporation (NCRTC) projects. Image Source Also read: Bengaluru metro rail network to be extended to 170 km: BMRCL

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?