Railway stake in East West Metro may fast track completion
Kolkata: With the Railways set to take a stake in the East West Metro Railway, the project is likely to get a fillip, helping its early completion, even as another metro task here is getting delayed due to alleged failure of
the state government to transfer land.
The CPI (M)-led West Bengal government, which was earlier not keen to work with the Railways, a portfolio held by Trinamool Congress supremo Mamata Banerjee, has now agreed to go along with it for the Rs 4,874-crore project.
The East West Metro project is a 50:50 joint venture between the Union Urban Development Ministry and the West Bengal government and is scheduled to be commissioned in 2014.
"We have no problem as long as the project is completed," West Bengal transport minister Ranjit Kundu said, who, however, in the case of Joka-BBD Bagh metro railway project, argued the transfer of land cannot be done in one day.
"They should understand that there is a procedure for such things and it takes time," he said.
Talking about the East West Metro, Kundu said the Railways is likely to take the stake from the Union Urban Development Ministry.
Kundu said correspondence has begun between the Union Urban Development Ministry and the state`s chief secretary.
"The chief secretary will give his reply after consultations with me," the minister told a news agency.
The joint venture project, known as Kolkata Metro Rail Corporation (KMRC), is being funded by the Japan International Cooperation Agency (JICA).
Kundu said that there had been some problems with the Railways over terminals of KMRC below Sealdah and Howrah stations.
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