Cabinet approves Thane integral Ring Metro Rail Project

Published By : Admin | August 16, 2024 | 21:43 IST
The total completion cost of the project is Rs.12,200 crore to be operational by 2029
Total Length of the ring corridor is 29-km (26 km Elevated and 3 km underground) and includes 22 Stations
Connects prominent areas like Naupada, Wagle Estate, Dongripada, Hiranandani Estate, Kolshet, Saket etc.

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the Thane Integral Ring Metro Rail Project corridor, Maharashtra. The 29-km corridor will run along the periphery of west side of Thane city with 22 Stations. The network is encompassed by Ulhas River on one side and Sanjay Gandhi National Park [SGNP] on the other.

This connectivity would provide a sustainable and efficient mode of transport, facilitating the city to realize its economic potential and ease traffic congestion on the roads. The project is also expected to contribute to reduction of greenhouse gas emissions.

Project Cost & Funding:

The estimated cost of the project is Rs.12,200.10 crore, with equal equity from Government of India and Government of Maharashtra as well as part-funding from bilateral agencies.

Funds would also be raised through innovative financing methods such as by selling Station naming and access rights for corporate, monetization of assets, Value Capture Financing route.

The corridor that connects major business hubs would provide an effective transport option for large section of employees. The Project is likely to be completed by 2029.

More importantly, the Metro line would benefit thousands of daily commuters, especially students and those commuting every day to office and work area by providing faster and economical transport options. The project would result in total daily ridership on the metro corridors for the years 2029, 2035 and 2045 by 6.47 Lakh, 7.61 lakh & 8.72 lakh passengers respectively.

Maha Metro will execute the project, along with civil, electro­mechanical, other associated facilities, works and related assets. Maha-Metro has already started the pre-bid activities and preparation of Tender documents. The contracts will be floated immediately for bidding.

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PM Modi’s speech sparks massive enthusiasm in Palakkad, Keralam
March 29, 2026
A BJP-NDA government in Keralam will ensure rapid development. This is Modi’s guarantee: PM Modi in Palakkad
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If the BJP comes to power, all the scams perpetrated by the LDF and UDF will be thoroughly investigated, and justice will be served: PM

Prime Minister Narendra Modi today addressed a massive public gathering in Palakkad, highlighting the growing momentum for change in Keralam and expressing confidence in the rising support for the BJP-led NDA in the state. “I can clearly see a different atmosphere in the state this time. Keralam is sending a message of change,” he said.

Opening his address, the Prime Minister remarked, “The growing popularity of the NDA, the increasing trust in the BJP, and the overwhelming enthusiasm and presence of people here in Palakkad show that the mood of Keralam has now transformed into a movement.” He further emphasized, “Today, the youth, the women and the farmers of Keralam place their faith in the BJP and NDA.”

The PM credited this shift to the people of Keralam and the dedication of party karyakartas. “This transformation is the result of the blessings of the people of Kerala and the tireless efforts of lakhs of BJP karyakartas. Many of our karyakartas have sacrificed their lives due to political violence. I pay my heartfelt tribute to all of them,” he said.

Launching a sharp attack on both the LDF and UDF, PM Modi stated, “For decades, Keralam has been trapped between two faces of selfish politics -LDF and UDF. One is corrupt, the other is more corrupt. One is communal, the other is more communal. Their policies revolve only around vote bank politics, with no concern for Keralam’s development.”

Highlighting what he termed a 'tacit understanding' between the two alliances, the PM added, “For years, LDF and UDF have taken turns to rule and loot. Now both are targeting the BJP, which shows they fear us. They know that once BJP comes to power, their corruption will be exposed.” He asserted that a future NDA government would investigate all scams and deliver justice to the people of Keralam.

PM Modi also pointed to the developmental support extended by the Centre, stating that Keralam has received significantly higher funds in the last decade compared to previous regimes. However, he criticized the state government for poor utilization of these funds.

On development and employment, PM Modi highlighted the state’s immense potential but lamented the lack of industrial growth and job opportunities, which has led to migration. He contrasted this with initiatives taken by the Centre in Palakkad, including the establishment of an IIT, infrastructure upgrades and plans for a smart industrial city.

Focusing on women-led development, PM Modi said, “Empowering women has been a priority for the BJP. From financial inclusion to healthcare and housing, women are at the center of our schemes. We have also ensured greater political participation through the Nari Shakti Vandan Adhiniyam.”

PM Modi exposed Congress misconduct and raised concerns about women’s safety. He said, “In Palakkad, Congress leaders have increasingly posed a safety concern for women. Just yesterday, the party expelled another leader over allegations of exploiting a woman. This reveals an uncomfortable truth about these parties, one that the women of Keralam should be well aware of.”

He also addressed farmers’ concerns, particularly delays in paddy procurement and payments, and highlighted the benefits provided under central schemes like PM-KISAN.

Touching upon global developments, the Prime Minister reassured citizens about the government’s efforts to safeguard Indians abroad amid ongoing conflicts in West Asia. He stressed that the safety and interests of Indian citizens remain the top priority of the NDA government.

“Since the outbreak of the conflict, I have been in constant touch with world leaders. The safety of Indians in affected regions is our top priority, with our embassies working round the clock to ensure their well-being. For the BJP-NDA government, the security of every Indian is paramount. However, the kind of statements being made by the Congress on this sensitive issue are dangerous, as they risk the safety of nearly one crore Indians in Gulf countries for political gain,” he said.

Concluding his address, PM Modi reiterated the vision for a “Viksit Keralam.” “Our resolve is clear- development, dignity and opportunity for every citizen. NDA guarantees an end to forced migration, respect for every youth’s talent, and development free from corruption and political interference. The kind of transformation seen in the rest of India will now be visible in Keralam as well,” he said.