Business Standard

Saturday, December 21, 2024 | 03:55 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Cabinet approves land-swap for Mumbai Metro project

Image

IANS New Delhi

The Union Cabinet on Wednesday approved the transfer of 40 acres of Airports Authority of India (AAI) land to Mumbai Metropolitan Region Development Authority (MMRDA) for constructing its metro shed.

In return for the land at RR station in Dahisar, the AAI would get 40 acres of state government land at Gorai in Mumbai, a government statement said.

"The land transaction will enable MMRDA to complete the metro rail project in Mumbai," it said.

According to the land-swap proposal, the MMRDA will pay the difference in the cost of the land.

Working under the MMRDA, Mumbai Metro Rail Corporation (MMRC) plans to construct a car shed on the Dahisar (E) to Andheri (E) metro corridor where a portion of the identified land is owned by the AAI.

 

The government said that after operationalisation of the metro car shed, there will be generation of direct and indirect employment.

"The present proposal will generate employment for skilled, semi-skilled labourers along with job opportunities for technical experts, also there will be creation of jobs in manufacturing industries involved in the metro construction work," it said.

--IANS

vv/vgu/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 23 2017 | 8:32 PM IST

Explore News