PM Narendra Modi lays foundation for Rs. 41,000-cr infrastructure projects in Maharashtra.

In Pune later in the day, the Prime Minister laid the foundation stone for the Rs. 8,313-cr 23-km-long third Metro line in the city, connecting Hinjewadi and Shivajinagar.

Prime Minister Narendra Modi laid foundation stones for three Metro lines and affordable housing projects entailing an investment of over Rs. 41,000 crore in Maharashtra last Tuesday. At an event at Kalyan, Modi kickstarted work on the ambitious Thane-Bhiwandi-Kalyan (Metro 5) and the Dahisar-Mira- Bhayander (Metro 9) corridors, estimated to cost over Rs. 15,000 crore. He also launched the Navi Mumbai town planning authority Cidco’s mass-housing scheme worth Rs 18,000 crore, which would offer around 89,771 affordable units under the Pradhan Mantri Awas Yojana. The Rs. 8,416-crore, 24.9-km-long Metro-5 corridor is expected to be ready by 2021 while the Rs. 6,607-crore 10.3-km Metro-9 corridor is expected to be ready by 2022. In Pune later in the day, the Prime Minister laid the foundation stone for the Rs. 8,313-cr 23-km-long third Metro line in the city, connecting Hinjewadi and Shivajinagar.

THE FINANCIAL EXPRESS