The Mumbai Urban Transport Project (MUTP) has received a significant 91% increase in funding with ₹1,100 crore allocated for the project in the Union Budget 2023-24. Out of the total ₹1,121.21 crore allocated for various Metropolitan Transport Projects (MTPs) in Mumbai, the MUTP phase III will receive the highest amount of ₹650 crore, followed by ₹300 crore for phase IIIA and ₹150 crore for phase II. The MUTP is aimed at expanding and improving the city's suburban train network, with three projects under implementation and the World Bank-funded MUTP-I already completed. The budget has also allocated ₹20 crore for the Belapur-Seawoods-Uran railway line, which will provide suburban connectivity to the under-development Navi Mumbai international airport. The Chairman and MD of the Mumbai Railway Vikas Corporation (MRVC), Subhash Chand Gupta, stated that the increase in funding for the MUTP will further boost the project's momentum and accelerate works where land acquisition is nearly complete.
