Centre Govt allocates ₹8,445.8 crore for Chennai Metro Phase 2
The Chennai Metro Rail Project, one of the most ambitious transportation projects in the city, has received a significant boost from the Centre Government. The government has allocated a whopping ₹8,445.8 crore for the Chennai Metro Phase 2, paving the way for the project to move forward without any financial constraints.
The Chennai Metro Rail Project, which aimed to connect the city’s suburbs with the financial hub of Anna Salai, was initially met with resistance from the Tamil Nadu government. The state government was not willing to bear the financial responsibility of the project, citing various reasons including the high cost of the project and the lack of funds.
However, after the Centre got involved, the financial constraints were taken care of, and the project was given the green signal. The Centre’s proposal to bear the majority of the costs of the project was accepted by the Tamil Nadu government, and the project was finally given the go-ahead.
The Chennai Metro Phase 2 is expected to be a major game-changer for the city’s transportation infrastructure. The project aims to connect the city’s suburbs with the financial hub of Anna Salai, reducing the traffic congestion on the roads and making it easier for people to commute to work.
The project will cover a distance of approximately 118 kilometers, with 101 kilometers of elevated tracks, 16 kilometers of underground tracks, and 1 kilometer of at-grade tracks. The project will also include 104 stations, including 23 underground stations, 65 elevated stations, and 16 at-grade stations.
The Chennai Metro Rail Project is expected to reduce the travel time between the city’s suburbs and the financial hub of Anna Salai, making it easier for people to commute to work. The project will also reduce the traffic congestion on the roads, making it easier for people to navigate through the city.
The project will also have a significant impact on the city’s economy, creating thousands of jobs and stimulating economic growth. The project will also attract more businesses to the city, making it a more attractive destination for investors.
The Chennai Metro Rail Project is expected to be completed by 2025, with the Centre and the state government working together to ensure that the project is completed on time and within budget.
In conclusion, the Centre’s allocation of ₹8,445.8 crore for the Chennai Metro Phase 2 is a major step forward for the city’s transportation infrastructure. The project will reduce traffic congestion, make it easier for people to commute to work, and stimulate economic growth. The Centre and the state government must work together to ensure that the project is completed on time and within budget, making it a major success for the city.
Source: https://metrorailnews.in/rs-8445-cr-allocated-for-chennai-metro-phase2/
