Kolkata Metro | GST to raise East West Metro construction cost
Kolkata: The Goods and Services Tax (GST), which subsumed all indirect taxes and was implemented from July one this year, is likely to raise the construction cost of East-West Metro being constructed by Kolkata Metro Rail Corporation (KMRC). "GST will definitely raise the construction cost. But the exact amount of the rise is yet to be ascertained.", KMRC managing director, Satish Kumar said. Briefing reporters here today, he said that tunneling work under Brabourne Road in the city has been completed and work on the Esplanade station already started. There will be five levels at Esplanade station and function as a confluence of the three metro railways - the East-West Metro, North-South Metro and the Joka-BBD Bag Metro. Work on the Mahakaran metro station will start soon, he said adding that the first phase of the project from Salt Lake to Phool Bagan have been targetted to go operational from June 2018. Kumar said that entire stretch from Howrah Maidan to Salt Lake was exp...