Delhi Meerut Rapid Rail project is all set to see the light of the day as the inter-ministerial panel for clearing government investment is likely to put its stamp for the development of the first corridor of rapid rail network between the two cities this week.
This will make way for starting construction work for the rapid rail project that will bring down travel time between Delhi and Meerut to around 55 minutes.
According to a TOI report, the proposal has been sent by the Housing and Urban Affairs Ministry along with the phase-IV project of Delhi Metro to the Public Investment Board (PIB) for appraisal.
This development comes after the government of Uttar Pradesh had consented to pay its share of the equity to build the network requiring an investment of about Rs 31,600 crore. Read More