Current Affairs - State - Discussion

The Union Cabinet approved three metro rail projects worth Rs 30,765 crore on Friday, including two corridors of Bangalore Metro Rail Project Phase-3 (BMRP) worth Rs 15,611 crore, set to be operational by 2029, and the Swargate-to-Katraj Underground Line Extension of the existing PCMC-Swargate Metro Line of the Pune Metro Phase-I project worth Rs 12,200 crore operational by 2029. Additionally, the Thane Integral Ring Metro Rail Project Corridor was approved with an estimated cost of Rs 12,200 crore to be funded by various sources, including the Government of India, Maharashtra, and private investments. This development aims to enhance urban connectivity, reduce traffic congestion, and promote economic growth in Karnataka and Maharashtra, addressing the need for efficient and reliable public transportation systems in these regions.