Centre asks Delhi govt to avail loan for Rapid Rail: Puri
New Delhi: Union Housing & Urban affairs minister Hardeep Singh Puri communicates to Delhi government that it cannot bear Delhi’s share for rapid rail project. The propose project is between Sarai Kale Khan and Meerut. This comes after chief minister Arvind Kejriwal requesting center to fund the project. Puri has instead written to Kejriwal with a suggestion that Delhi government can get loan for the raid rail. As per close sources, Puri has made it clear that there is a template for all mass transit projects. The template clearly states the shares of equity that the Centre and state have put to. The urban minister asserted that they will not change the said arrangement. Previously, Puri had communicated to Delhi government that his ministry can help them avail loan at economical rate of interest. As per current data, Delhi government requires to pitch in Rs 1,138 crore as equity for the Rs 31,902 crore project. Urban affairs secretary Durga Shankar Mishra during ...