Govt grants ₹974-cr for Delhi-Meerut RRTS corridor
The government has allocated a sum of ₹974.25 crore for the Delhi-Meerut regional rapid rail transit system (RRTS). The funds will be given to the National Capital Region Transport Corporation (NCRTC), which is the nodal agency and implementing organization of the project. The 82-km Delhi-Ghaziabad-Meerut rail corridor, which is the very first corridor prioritized for implementation, will bring down travel time between Delhi and Meerut to just 55 minutes. The Finance Minister stressed in her speech that as the suburban train services of the Indian Railways are boosting regional connectivity in big cities like Mumbai, Delhi, hence the national transporter is determined to invest more on the suburban railway system through special purpose vehicle (SPV) structures like the RRTS.
📅Published on:
12 July 2019
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