Nagpur : State Government will share Rs 3,202 crore in the project.Government to charge 1 per cent cess of Stamp duty in rural areas.
Proposed passenger fare of Phase – II in 2024-25
Distance Proposed fare
0-2 kms Rs 15
5-12 Rs 50
12-21 Rs 65
21-32 Rs 80
above 32 Rs 95
Maha Metro will charge minimum fare of Rs 15 for travelling a distance of first two kms of proposed Phase- II in the year 2024-2025. Recently, Maharashtra Government had decided the passenger fare of the Phase- II of the Maha Metro. The fare will be cheaper as compared to present passenger fare of Delhi Metro. The residents of rural areas will have to pay one per cent cess on stamp duty for Metro. The Government has also constituted a high power committee headed by Chief Secretary of the State for the implementation and policy decision of the project.
As per information, the Maha Metro will charge Rs 30 for travelling a distance between 2 kms and 5 kms. Presently, the Delhi Metro is charging Rs 20 for this journey. Maha Metro will provide cheaper mode of public transport to the passengers from outside Nagpur city.
State Government has recently given its nod to extend Maha Metro to provide services to the citizens of Kamptee, Hingna, Kanhana, Dattawadi areas. The Government has announced this project as ‘Vital Important Transport Project’. The Government has also sanctioned to extend Transit Oriented Development (TOD) corridor on the lines of Nagpur city in rural areas. This will help in vertical development of the area. The Government will also levy one per cent cess on stamp duty of the documents. The Government has also constituted a high power committee headed by Chief Secretary.
The members are- Principal Secretary UD (1), (2), Principal Secretary, Finance, Principal Secretary Law and Judiciary, District Collector Nagpur, NMRDA Commissioner and Managing Director of Maha Metro.
The total cost of the project is Rs 11,239 crore. The Central and State Governments will share 16.12 percent Rs 1,658 crore each while State and Central Governments will also provide soft loan of Rs 399 crore each for the project. Maharashtra Airport Development Company (MADC) will share Rs 194 crore and Rs 5980 will be raised through soft loan from international funding agencies.
The MADC will contribute Rs 246 crore for land acquisition and rehabilitation of project affected persons while MADC will also provide Rs 682 crore as grant. The State Government will also share Rs 23 crore for paying interest on loan. The total contribution of the State Government for this project will be Rs 3202 crore.
The Phase – II covers rural parts of Nagpur district and will serve as an extension to ongoing first phase. The second phase will cater need of 8 lakh population of the district while first phase will provide services to 13.38 lakh population. The proposed phase will spread over 48.3 kms length with 35 stations. The first phase is spread over 38.215 kms with 38 stations. The Phase-2 will cover 48.3 km stretch divided into five segments — Lokmanya Nagar to Hingna, Wasudeo Nagar to Wadi, Automotive Square to Kanhan river, Prajapati Nagar to Transport Nagar, and MIHAN to Maharashtra Industrial Development Corporation (MIDC) elevated service reservoir (ESR).
ALSO READ : Mihan, Metro have created over 26000 jobs: Nitin Gadkari
