Union Cabinet approves new metro rail policy
The government today approved a new metro rail policy for expanding the metro network across various cities in the country, officials said.
The new policy was approved by the Union Cabinet chaired by Prime Minister Narendra Modi.
The metro policy will talk about standardising norms and developing a procurement mechanism for implementation of the projects. It will also talk about funding and financing, officials said.
At present, metro projects with a total length of more than 350 km are operational in eight cities -- Delhi, Bengaluru, Kolkata, Chennai, Kochi, Mumbai, Jaipur and Gurugram.
Metro projects are also under way in Hyderabad, Nagpur, Ahmedabad, Pune and Lucknow.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.