Places in News 2018

Union Cabinet approves Pune Metro Rail Project Phase – 1

The Union Cabinet has approved the development of Phase – 1 of the Pune Metro Rail Corridor Project.

It will be covering a length of 31.254 km comprising with two corridors Corridor-1 (Pimpri Chinchwad Municipal Corporation to Swargate) and Corriodor-2 (Vanaz to Ramwadi).

Key Facts
  • Corridor-1 will be covering length of 16.589 km of which h11.57 km elevated and 5.019 km underground. Corriodor-2 will be covering 14.665 km and will be fully elevated.
  • The project is scheduled to be completed in five years from the date of start of work as per the Detailed Project Report (DPR).
  • The Project will be implemented by Maharashtra Metro Rail Corporation Limited (MAHA-METRO). The total completion cost of the metro rail corridor will be Rs.11,420 crore.
  • MAHA-METRO will be a 50:50 jointly owned company of Union Government and Maharashtra Government.
  • The project will be covered under the legal framework of the Metro Railways (Operation and Maintenance) Act, 2002; the Metro Railways (Construction of Works) Act, 1978; and the Railways Act, 1989. 

The metro corridor will benefit approximately 50 lakh population of Pune Metropolitan Area. It will provide much needed connectivity to the commuters to traverse through some of the densest and traffic congested routes of the city.  It will considerably reduce the traffic congestion and will bring in fast, safe, comfortable, pollution-free and affordable mass transportation system in the city.

Month: Categories: India Current Affairs 2018Places in News 2018


Assam’s Hailakandi becomes 1st district to pay cashless transactions wages

Hailakandi district of Assam has become the first district to pay wages to tea garden workers through individual bank accounts.

It completed this task before the December 15, 2016 deadline set by the state government for cashless transactions of salary payments to the plantation workers.

Key Facts
  • At least 504 workers of Burnie Braes tea estate received their wages through bank accounts.
  • The payment was made through five Banking Correspondents (CSPs) of Assam Gramin Vikash Bank.
  • Such payments were possible due to the effort bankers, tea garden managements and mobile service providers.

Following demonetisation of old high value 500 Rupees and 1000 Rupees currency notes, Assam government had set December 15, 2016 as the deadline for cashless transactions to tea plantation workers.

Month: Categories: India Current Affairs 2018Places in News 2018