Mumbai Metro Line 3 gets ₹10,269-cr funding booster

The cabinet instructed the Mumbai Metropolitan Regional Development Authority (MMRDA) to transfer ₹1,297 crore, the difference in cost, to the Mumbai Metro Rail Corporation as part of the ₹10,269 crore funding. The Metro Line 3 is funded by Japan International Cooperation Agency (JICA) which would now increase its contribution from ₹13,235 crore to ₹19,924 crore and the Cabinet has also cleared a proposal to make a fresh demand to JICA to increase its loan amount, the deputy CM added.