Business Standard
Wednesday, May 30, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Kolkata metro corridor may hit Mamata hurdle
Saubhadro Chatterji / New Delhi Jun 12, 2009, 00:03 IST

The East-West corridor of Kolkata Metro rail — India’s first underwater transport project — might face delay and fresh planning as Railway Minister Mamata Banerjee has “sought details” about various aspect of the project.

The ambitious project of the Urban development ministry, pegged at Rs 4,676 crore, was originally scheduled to be completed in 2015. It is to be executed through a joint venture company of the central and the state government. Equity participation of the state and central government will be on 50:50 basis.

But soon after taking charge of the railway ministry, Banerjee had a talk with Union Urban Development Minister S Jaipal Reddy about her apprehensions. The urban development ministry is now busy preparing a “note” for Banerjee with all the details of the project.

“Only after receiving the details, we can think about implementing the project,” Saugata Roy, Trinamool Congress MP and minister of state in urban development ministry, told Business Standard today.

Roy, however, emphasised that neither his party nor his leader Banerjee is not against the project. “But the political situation in the state has changed after the project was approved. We are in the dark about the details of the project. We have to see the details of the project,” he said today.

In June 2008, the previous UPA Cabinet had approved the project to link Kolkata’s neighbouring Howrah district with the electronic hub at Salt Lake, a suburb of Kolkata. It would cover a length of 13.77 km — 8 km under ground and 5.77 km elevated on Standard Gauge. “The project will be completed in six and a half years, in two stages. The first stage of 5.77-km elevated section would be commissioned in five and a half years,” the Cabinet note said.

Apart from other issues, the Trinamool Congress leadership — which fought a fierce political battle against the ruling Left Front over land acquisition in Bengal — wants a comprehensible solution for rehabilitation of the affected people.

“The issue of rehabilitation is very important. In all the areas involving the project, the MPs belong to the Trinamool Congress. Along the proposed metro corridor, there are many business establishments of small-time traders”, Roy added.

The proposed corridor would cross the Hooghly river 32 metres below the water level, covering a stretch of 900-metre under the water bed on way to the terminal station at Howrah Maidan.

The Empowered Group of Ministers on Mass Rapid Transit System, chaired by then External Affairs Minister Pranab Mukherjee, had approved the extension of the project from Howrah station to Howrah Maidan last year. This extension would incur an additional expenditure of Rs 198 crore.

About 3,000 people are expected to get employment during the construction period and 750 will get direct jobs after it starts operation.

 

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Rupee closes at new low of 56.24
- Wall Street opens 1% lower on Europe
- Shashi Ruia steps down from board of Essar Ports
- Sebi allows firms listed on RSEs to migrate to main bourses
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- SBI to rework structure in circles
- Striking Air India pilots have no rights to be trained: HC
- KBC 6 gets record registrations
- Foreign investor norms eased to accelerate capital inflows
- UPDATE: NDA calls for Bharat Bandh on May 31
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us