| Badal okays Ludhiana metro project by puneetmafia on 18 July, 2012 - 06:19 AM | ||
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 puneetmafia | Badal okays Ludhiana metro project on 18 July, 2012 - 06:19 AM | |
Punjab Chief Minister Parkash Singh Badal today gave a go ahead to the Rs 10,300 crore Ludhiana Metro project to be completed within next five years.A detailed presentation on the project was made by the Local government department and Punjab Infrastructure Development Board with the top brass of the state government in a meeting here today.It was decided in the meeting that the land required for the execution of the project would be provided by the state with minimal displacement of the people across the city.At the same time emphasis would be made to execute the underground Metro corridor especially in the densely populated areas.Meanwhile, the Principal Secretary local government apprised the Chief Minister that the Ministry of Urban Development GoI had convened a meeting to review the project for appraisal at New Delhi on July 23.Mr Badal also approved the proposal of the Local government department for the setting up of Special Purpose Vehicle (SPV) for the smooth and effective implementation of the project. Mr Badal said at the time when traffic congestion on the roads of Ludhiana city had increased manifold resulting in air pollution and huge accidental risks, Metro would be the only viable solution to provide fast, safe and economic transport system for the local public besides, creating an environmental friendly atmosphere for the city. | ||