Union Cabinet approves Pune Metro Rail Project Phase – 1

Union Cabinet approves Pune Metro Rail Project Phase – 1

Question: Gokhale Institute of Politics and Economics (GIPE) is situated at… 
(a) Pune
(b) Indore
(c) Mumbai
(d) Nagpur
Ans: (a)
Related facts:

  • On 7th December, 2016 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi approved the development of Pune Metro Rail Project Phase – 1.
  • The Pune Metro Rail Corridor will be covering a length of 31.254 km comprising with two corridors i.e. Corridor-1 {Pimpri Chinchwad Municipal Corporation to Swargate} and Corriodor-2 (Vanaz to Ramwadi) .
  • The total completion cost of the metro rail corridor will be Rs.11, 420 crore. The population of approximately 50 lakh of Pune Metropolitan Area will be benefitted through this metro corridor.
  • The project is scheduled to be completed in five years from the date of start of work as per the Detailed Project Report (DPR).
  • The Project will be implemented by Maharashtra Metro Rail Corporation Limited (MAHA-METRO), which will be a 50:50 jointly owned company of Government of India and Government of Maharashtra.
  • The existing Nagpur Metro Rail Corporation Limited (NMRCL) would be reconstituted into Maharashtra Metro Rail Corporation Limited (MAHA-METRO) for implementation of all metro projects in the State outside Mumbai Metropolitan Region.
  • Project will be covered under the legal framework of the Metro Railways (Construction of Works) Act, 1978; the Metro Railways (Operation and Maintenance) Act, 2002; and the Railways Act, 1989, as amended from time to time.
  • The population of Pune Urban Agglomeration was 4.99 million as per 2011 census. It is to be noted that Pune Metropolitan Area includes Pune Municipal Corporation and Pimpri Chinchwad Municipal Corporation.
  • The metro project will considerably reduce the traffic congestion and will bring in fast, comfortable, safe, pollution-free and affordable mass transportation system in the city.

Reference:
http://www.business-standard.com/article/news-ani/union-cabinet-approves-pune-metro-rail-project-phase-1-116120701406_1.html
http://pib.nic.in/newsite/PrintRelease.aspx?relid=155070