Union Budget: Kerala will get Rs 65,000 crore for NH works, Rs 1957 cr for Kochi Metro

New Delhi: For poll-bound Kerala, Finance Minister Nirmala Sitharaman on Monday allotted Rs 65,000 crore within the Union Budget for 1,100 km of National Highway works together with 600 km part of Mumbai-Kanyakumari hall passing by way of the state.
Another takeaway for Kerala is allocation of Rs 1957.05 crore for the Kochi Metro Railway Second Phase of 11.5 km with 11 stations. This will assist in extending the Kochi’s Metro as much as Kakkanad.The Minister additionally spoke concerning the central counterpart funding to numerous Metro Rail tasks whereas presenting the Union Budget 2021-22 within the Parliament.

“Central counterpart funding would be provided to Kochi Metro Railway Phase 2- of 11.5 km at a cost of Rs 1,957.05 crores and Chennai metro railway Phase 2 of 118.9 km at a cost of Rs 63,246 crores. The Bengaluru Metro Project- Phase 2A and 2B of 58.19 km will be provided funding of Rs 14,788 crores. While the Nagpur Metro Project Phase 2 and the Nashik Metro Project would be provided amounts of Rs 5,976 crores and Rs 2,092 crores respectively,” she added.
Reacting to the bulletins made within the price range, BJP state president Ok Surendran stated: “Kerala got a very special space in the budget with allotment form national Highway works and Kochi Metro and on behalf of the people of Kerala; I thank the Prime Minister and Finance Minister.”

The Finance Minister had introduced that two new applied sciences — MetroLite and MetroNeo — can be deployed to supply metro rail methods at a a lot lesser value in Tier 2 cities and peripheral areas of Tier 1 cities of the nation.