Mumbai: MMRDA approves Rs 12,969 crore budget for financial 2021-22 | Mumbai News – Times of India

MUMBAI: Mumbai Metropolitan Region Development Authority (MMRDA) has approved an outlay of Rs 12,969 crore, of which around 35 per cent has been allocated for various Metro projects , in the budget estimates prepared for the financial year 2021-22.
The budget estimate for 2020-21 was 15,819 crore but it was revised to Rs 9,851 crore as per actual expenditure.
MMRDA spokesperson said, “The budget was approved by MMRDA meeting under the chairpmanship of state urban development minister Eknath Shinde today. The budget makes special provisions for infrastructure projects like public transport and Metro railway. This will help reduce the traffic congestion in Mumbai and ensure that Mumbaikars have a comfortable and shorter commute.1”
The MMRDA has earmarked Rs 250 crore for the Colaba- Bandra- SEEPZ (Metro 3 corridor) which is executed by the Mumbai Metro Rail Corporation (MMRC).
The Metro rail routes 2-A from Dahisar to DN. Nagar in Andheri and corridor 7 from Dahisar (East) to Andheri (East) are likely to begin commercial operations from this year and hence, they have been provided an outlay of Rs 700.65 crore and Rs 999.45 crore respectively.
Similarly, the budget has provided an amount of Rs 4,571.25 crore for Metro Railway projects.
An amount of Rs 329.30 crore has been provided for the Metro Bhawan and Metro employees housing, and provisions have also been made for the Mono Railway project (Rs 120.20 crore) and Mumbai Trans Harbour Link project (2,900.35 crore), late Balasaheb Thackeray memorial (Rs 100 crore), Bharat Ratna Dr Babasaheb Ambedkar memorial (Rs 260 crore), Bandra Kurla Complex (including the Kalanagar flyover) (Rs 60 crore), Mumbai Urban Transport Project (MUTP) (Rs 405 crore), Mumbai Urban Infrastructure Project (MUIP-Extended) (Rs 776.85 crore), planning and composite traffic planning for Metro stations (Rs 300 crore), development of water sources at the regional level (Rs 613.35 crore), Santacruz Chembur Link Road extension project (Rs 200 crore), project to improve the elevated road at the Chheda Nagar junction (Rs 60 crore), maintenance and repairs of the Eastern and Western express highways (Rs 200 crore), City Park to Maharashtra Nature Garden elevated hanging bridge (Rs 77.05 crore) and for other projects (Rs 985.35 crore). Similarly, allocations have been made for surveys and grants (Rs 175.35 crore), loan disbursement and fixed deposits (Rs 273 crore), capital expenditure for administrative purposes (Rs 548.60 crore).
In the budget for the 2021-22 financial year, an expenditure of Rs 12,969.35 crore is expected and an amount of Rs 9,833.75 crore is expected to be received.
The Authority has approved the annual report for the year 2019-20 and sanctions have been given for the extension of the Metro Railway 2-B (D.N. Nagar to Mandale) and interchange and the Metro Railway corridor-7 (Andheri East to Dahisar East) interchange. The MMRDA also approved the appointment of a project management consultant for the surface topping of the Eastern Express Highway and for works on the Western Express Highway.

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