LUCKNOW: The state government will be funding the initial phase of metro rail project from UP Housing and Development Board (UPHDB), Lucknow Development Authority (LDA) and the Industrial Development Corporation (IDC), Chief Secretary, Javed Usmani said on Tuesday.
Reviewing a meeting in secretariat, Usmani said while UPHDB will be giving Rs.200 crore, LDA will be paying Rs.100 crore. The IDC will be pitching in Rs.50 crore for the metro rail project that seeks to connect the north-south corridor between Amausi and Munishipulia.
The agencies will be providing 20% of the funds in the financial year 2013-14, 40% in 2014-15 and the remaining 40% in 2015-16.
Usmani said the Central government was reviewing the detailed project report of the metro rail project in Lucknow. He asked the officials to get in-principle approval of the Centre for the project.
The stretch between Amausi and Alambagh will be taken up in the first phase, for which the state government needs to arrange funds as soon as possible, Usmani said.
The funding for the purpose will come through transfer of properties to the metro rail corporation. At least 150 acres of land in Chak Ganjaria farm will have to be transferred. Likewise, around 50 acres of land on PAC campus on Kanpur road be provided for establishment of a depot for the metro rail. For this, sanction will have to be taken from the home department.
The PAC will, at the same time, be expanded keeping in view law and order. A PAC campus will thus be set up in Mohari village in Mohanlalganj tehsil on the outskirts of Lucknow. The land where the new campus is proposed belongs to gram samaj.