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Showing posts with the label Ghaziabad Development Authority

Ghaziabad Metro | UP Govt. to follow old funding pattern for metro rail projects

Ghaziabad: Nearly a week after the additional chief secretary announced that the state government was contemplating a change in funding pattern of 9.41km metro project, the principal secretary on Friday said that the old pattern would be followed. Though 9.41km metro project is presently in the making, lack of funds could be a major stumbling block. Mukul Singhal, principal secretary (housing), on Friday, visited Ghaziabad Development Authority (GDA) headquarters and said that the old funding pattern, with the cost being shared by different UP departments, will be continued to fund the 9.41km metro project. “The funding pattern will remain the same and different UP agencies such as Avas Vikas, UP state industrial development corporation, municipal corporation and GDA will contribute their share. I don’t have any knowledge about the new pattern as told by the additional chief secretary. The Metro project will not run into a funds cruch, as the departments will make their paym...