Tamil Nadu Chief Minister M.K. Stalin on Saturday, February 10, 2024, wrote a letter to Prime Minister Narendra Modi, highlighting the inordinate delay in the Government of India’s approval for Phase II of the Chennai Metro Rail (CMRL) project. He urged the PM to personally intervene and expedite approval under the 50:50 joint venture model between the State and Union governments.
Recalling the successful implementation of Phase I of the project as a 50:50 joint venture between the two governments, he said Tamil Nadu approved Phase II of the project under the same model, with three more corridors covering 119 km at a total cost of ₹ 63,246 crore.
Pointing out that this was recommended to the Union Ministry of Housing and Urban Affairs (MoHUA) for its approval in January 2019, he said, with the recommendation of the MoHUA and NITI Aayog, funding approvals from agencies like the Japan International Cooperation Agency (JICA), Asian Development Bank, Asian Infrastructure Investment Bank and New Development Bank were also formalised.
.jpg?w=600)
