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Budget 2019: Metro budget allocation up 23% to Rs 19,152 crore

"The government has addressed both these issues in the interim budget," said infrastructure experts.

February 01, 2019 / 15:28 IST
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The Delhi Metro was shut down in late March when the nationwide lockdown was announced.

Vandana Ramnani Moneycontrol News

With expansion plans for mass rapid transit system and metro projects in the offing, the Interim Budget 2019 has set aside the largest share of funds to the network -  Rs 19,152 crore, almost 23 percent up from Rs 15,600 crore last year.

The ministry of Housing and Urban Affairs had asked for an average 20 percent hike in outlay with the Metro network extension high on agenda during the pre-Budget talks.

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The outlay under the Metro Rail Transit System (MRTS) had dropped to Rs 15,600 crore in 2018-19 from Rs 18,000 crore in 2017-18. But now with several Metro projects are in the offing, the outlay has been increased substantially.

"Urban transport and housing have been the biggest demands in the cities. The government has addressed both these issues in the interim budget," said infrastructure experts.