The CM has besides directed that the 1 per cent further stamp work fees earmarked for Metro projects beryllium allocated to the MMRDA by the authorities Urban Development (UD) Department. (File Photo)
Chief Minister Eknath Shinde has ordered the merchandise of funds collected for captious infrastructure projects, including each Metro initiatives, by the Mumbai Metropolitan Region Development Authority (MMRDA). These funds were collected by the Brihanmumbai Municipal Corporation (BMC).
The CM has besides directed that the 1 per cent further stamp work fees earmarked for Metro projects beryllium allocated to the MMRDA by the authorities Urban Development (UD) Department.
The directive follows a missive from the Urban Development Department requesting that the BMC clasp Rs 1,400 crore from the collected funds for its ain projects, specified arsenic the coastal roadworthy hold and the Goregaon-Mulund Link Road. Reports bespeak that the BMC had sought 50 per cent of the funds collected for its initiatives.
An MMRDA authoritative noted that allowing the BMC to support the funds designated for Metro projects was inappropriate. The interest was raised during the 158th authorization gathering chaired by the CM recently, who is besides the president of the MMRDA, starring to the contiguous directive for the afloat merchandise of funds.
The authoritative added that the Urban Development Secretary is present required to instrumentality these orders and indispensable supply a justification if they are not carried out. At present, the MMRDA estimates that astir Rs 4,000 crore has been collected arsenic 1 per cent stamp work by the state, portion the BMC holds astir Rs 3,400 crore for captious infrastructure projects.