Union Cabinet approves Lucknow Metro project

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Lucknow Metro Rail Project Phase &ndash 1 A.

It will cover a length of 22.878 (approx 23) km with 22 stations and the metro train will ply between Chowdhary Charan Singh Airport and Munshi Pulia.

Fact Punch

The cost of the project will be 6,928 crore rupees which will be supported by Union Government with 1,300 crore rupees in the form of equity and subordinate debt.

The Project will be implemented by Lucknow Metro Rail Corporation (LMRC) which will be jointly owned company of Union Government and Uttar Pradesh Government with equal share of 50:50.

Out of the total route length, 19.438 km will be elevated route while underground route length will be 3.440 km.

It will have total 19 elevated and three underground metro stations. The project will come under the legal framework of the Metro Railways (Construction of Works) Act, 1978; Railways Act, 1989 and Metro Railways (Operation and Maintenance) Act, 2002.

Background

Lucknow has been experiencing mounting pressure on its transport infrastructure as it is witnessing an annual growth of 8.35 percent in vehicular population.

It has witnessed tremendous growth in the last two decades and the population of Lucknow Urban Agglomeration is 29 lakhs as per census of India 2011. The population of Lucknow Metropolitan Area is over 50 lakhs.

Current Affairs: 24th December, 2015
Important Days in November and December
Current Affairs bullet points Round up 15th to 21st December, 2015
Current Affairs Round up November, 2015.

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