The Union Cabinet has given its approval to grant financial assistance to the Ahmedabad Metro Rail Project.
The Cabinet has granted its approval for the Rs. 10,773 cr project to build Phase I of the Ahmedabad Metro Rail project.
Phase I of the metro rail
Phase I of the rail project covers a 35.96 km long route along two corridors, namely, the North-South Corridor covering 15.42 km from APMC to Motera Stadium and East-West Corridor covering 20.54 km from Thaltej Gam to Vastral Gam.
Role of the Central Government
While the total project cost is Rs.10,773 cr, the Central government will contribute Rs. 1,990 cr in the form of equity and subordinate debt.
Implementation of the project
The project will be implemented by the Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) Company Ltd., which will now be converted into a 50:50 jointly owned company of the Central government and state government of of Gujarat.
Union Home Minister, Rajnath Singh launched the integration of Border Security Force (BSF) with Bhaskaracharya Institute for Space Applications and Geo Informatics (BISAG) project of Gujarat Government at BSF Camp in Bhuj, Gujarat, in order to provide for devoted, encrypted channel for the Para Military Forces.
BISAG a State level nodal agency of Gujarat will assist the usage of spatial and geo-spatial technologies for planning and developmental activities to agriculture, land and water resource management, wasteland/watershed development, forestry, disaster management, infrastructure and education. The Institute was opened in April 1997 and was formerly known as Remote Sensing and Communication Centre (RESECO) but was later re-named after the great Indian Mathematician of the 12th century, Bhaskaracharya, in December 2003.
In an effort to protect numerous coral species at one place and to enhance tourism in the state, the country’s first ‘Coral garden’ will be set up at Mithapur coastal region of Devbhoomi-Dwarka district in Gujarat, which will conserve coral species. Wildlife Trust of India (WTI) and Tata Chemicals Limited (TCL) have inked a MoU to set up the first of its kind coral garden. The project will be financed by the Gujarat forest department as WTI has inked a broader MoU with the state also.
As per the project plan of the Mithapur Coral garden, the reef will be divided into several divisions where nearly all the coral species will be made accessible at one place. It would be beneficial not only for education and tourism, but also for refurbishment of the reef.
Tourists will be able to view the beauty of corals as the authorities intend to have wading, snorkeling, diving, representative pool, jetty and boat anchoring areas in it.