Sanjeev - 15 April, 2014 | Delhi | Commuter rail | Commuter rail | Suburban Rail

Dt : 11th July'2013

The Union Cabinet today approved constitution of National Capital Region Transport Corporation Limited (NCRTC) under the Companies Act, 1956 with initial seed capital of Rs.100 crore as per Company Act, 1956 for designing, developing, implementing, financing, operating and maintaining Regional Rapid Transit system (RRTS) in National Capital Region (NCR) to provide comfortable and fast transit to NCR towns and meet the high growth in transport demand.  This company may form subsidiary companies for implementing each corridor.

The seed capital of Rs. 100 crore shall be contributed as follows:-

         

 

            Central Government

 

 

            Ministry of Urban Development

:

22.5%

            Ministry of Railways

:

22.5%

            National Capital Region 

Planning Board

:

5.0%

 

 

            State Government

 

            Government of NCT Delhi

:

12.5%

            Government of Haryana

:

12.5%

            Government of Rajasthan

            Government of UP

:

12.5%

12.5%

http://pib.nic.in/newsite/erelease.aspx?relid=97139

Why Central  Govt / GOI is not looking  into same concept which COmmuter Rail Bangalore is going to provide. 

 

 

 

 

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