In a major boost to the city’s public transport, Karnataka’s Finance Department has given in-principle approval to the Rs 16,368 crore Namma Metro’s Phase III (A) project.
The clearance to partially fund the project is expected to fast track approvals needed before submitting the proposal for the central government’s final nod.
“We have got clearance from the finance department. The Urban Development Separtment (UDD), too, has given its consent. In a week’s time, we will submit the proposal to the union government through UDD,” Anjum Parvez, Managing Director of Namma Metro told DH.