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Rapid Rail in NCR to cost Rs. 72,000 crores

The Indian government has an ambitious plan to connect three major locations in the National Capital Region (NCR) to Delhi through rapid rail. However, the project will need a hefty investment of Rs. 72, 000 crores.

The proposal is likely to be submitted before the Parliament during the current session as a part of the annual report of the NCR Planning Board. The investment has been calculated as per September, 2011 prices and there is little chance of the rapid rail transit system becoming functional in the next four years.

The planning board has mentioned that these lines could be operational starting 2016. According to popular sources, the huge capital investment required and sourcing this amount would be one of the major concerns of the government. This is also one of the main reasons why the urban development ministry has not been able to circulate a Cabinet note for inter-ministerial consultation.

Bhupinder Singh Hooda,  the chief minister of Haryana has spoken about treating the RRTS as a national project and has also hinted at the need for the Centre to fund the whole project. However, sources have claimed that such a proposition is difficult and there will be a need of the states to share the burden.


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