MMRDA to lift Rs 60,000 crore mortgage 


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MMRDA to lift Rs 60,000 crore mortgage 

The choice was taken on the Cupboard assembly presided over by Maharashtra Chief Minister Eknath Shinde and attended by Deputy Chief Minister Devendra Fadnavis

In a significant determination, the Maharashtra authorities on Saturday in-principle okayed a proposal of the Mumbai Metropolitan Area Improvement Authority (MMRDA) to lift Rs 60,000 crore mortgage for executing infrastructure initiatives within the monetary capital of India and its suburbs. 

The choice was taken on the Cupboard assembly presided over by Maharashtra Chief Minister Eknath Shinde and attended by Deputy Chief Minister Devendra Fadnavis. 

In addition to okaying plans of MMRDA to lift Rs 60,000 crore, the federal government has additionally determined to face assure for the primary tranche of Rs 12,000 crore. 

The MMRDA is executing numerous initiatives just like the Mumbai Metro and Mumbai Trans Harbour Hyperlink and a collection of highway initiatives that might criss-cross the MMR.

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