New Delhi: The Union cupboard on Friday accepted the growth of the metro rail venture within the Delhi NCR area, alongside organising 85 new Kendriya Vidyalayas and establishing 28 new Navodaya Vidyalayas in underserved districts.
Chaired by prime minister Narendra Modi, the cupboard additionally accepted Part 4 of the Delhi Metro Rail Challenge, the 26.46 km lengthy Rithala-Kundli hall, enhancing connectivity between the nationwide capital and neighbouring Haryana.
The Rithala-Kundli hall, with a price of ₹6,230 crore, might be executed by the Delhi Metro Rail Company Restricted (DMRC)–a 50:50 particular function automobile (SPV) of the central and Delhi governments–over the subsequent 4 years, the cupboard mentioned in a press release.
“The brand new line will lengthen the present Shaheed Sthal (New Bus Adda)-Rithala (Purple Line) hall, bettering connectivity within the northwestern components of Delhi, together with areas like Narela, Bawana, and components of Rohini. The stretch will function 21 stations, all of which might be elevated,” it mentioned.
“Upon completion, the Rithala-Narela-Nathupur hall may even hyperlink Shaheed Sthal New Bus Adda station in Ghaziabad, Uttar Pradesh, with Nathupur in Haryana, passing via Delhi. It will considerably improve connectivity throughout your complete Nationwide Capital Area (NCR),” it added.
This venture extension will broaden the attain of the Delhi Metro community within the NCR, offering a lift to the regional economic system, other than easing highway congestion and serving to scale back air pollution from motor autos.
Additionally learn | Cupboard clears ₹8,399 crore Delhi metro rail growth venture
The Cupboard Committee on Financial Affairs, chaired by PM Modi, additionally accepted 28 new Navodaya Vidyalayas (NVs) in underserved districts throughout the nation beneath the central authorities’s Navodaya Vidyalaya Scheme.
The full estimated funding required the brand new Navodaya Vidyalayas is ₹2,359.82 crore, which might be allotted over 5 years from 2024-25 to 2028-29. This features a capital expenditure of ₹1,944.19 crore and an operational expenditure of ₹415.63 crore.
The 28 new NVs might be situated in Arunachal Pradesh, Assam, Manipur, Karnataka, Maharashtra, Telangana and West Bengal.
Navodaya Vidyalayas (NVs) are central colleges designed primarily for college students from rural areas in India, specializing in these from socially and economically deprived backgrounds who lack entry to accelerated studying alternatives on account of monetary, social, and rural challenges.
The Cupboard Committee on Financial Affairs additionally accepted 85 new Kendriya Vidyalayas (KVs) beneath the civil and defence sectors throughout the nation, together with the growth of the varsity in Shivamogga, Karnataka.
Additionally learn | Bihar’s Ram Nath Thakur takes oath as member in Modi’s Union cupboard
This growth will accommodate the rising variety of central authorities workers by including two extra sections in every class beneath the Kendriya Vidyalaya Scheme.
The full estimated requirement of funds for the brand new colleges and increasing the one in Shivamogga is about ₹5,872.08 crore, unfold over a interval of eight years from 2025-26, the assertion mentioned. This features a capital expenditure part of about ₹2,862.71 crore and operational expenditure of about ₹3,009.37 crore.
Addressing the media, Ashwini Vaishnaw, Union minister of railways, mentioned the newest cupboard choices will profit the youthful inhabitants, whereas additionally creating jobs. “The growth of the Delhi Metro Rail venture will place it among the many high three largest metro rail initiatives on this planet.”
Catch all of the Enterprise Information, Politics information,Breaking NewsEvents andLatest Information Updates on Dwell Mint. Obtain TheMint Information App to get Day by day Market Updates.
ExtraMuch less