{"id":513270,"date":"2022-08-10T11:21:09","date_gmt":"2022-08-10T05:51:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=513270"},"modified":"2022-08-10T13:07:07","modified_gmt":"2022-08-10T07:37:07","slug":"maharashtra-cabinet-nod-likely-today-for-hike-in-cost-of-metro-3-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/maharashtra-cabinet-nod-likely-today-for-hike-in-cost-of-metro-3-project\/","title":{"rendered":"Maharashtra Cabinet nod likely today for hike in cost of Metro 3 project"},"content":{"rendered":"<p>The demand of Mumbai Metro Rail Corporation for an increase in project cost of Metro 3 is likely to come up at the state cabinet meeting to be held at Sahyadri guest house on Tuesday. A senior officer of MMRC said that the project cost has now increased from Rs 23,136 crore to Rs 33,405 crore. The urban development department \u2013 the parent body to which MMRC reports \u2014 has sought an increase of Rs 10,269 crore and also asked for a new financial outlay.<\/p>\n<p>As per the earlier letter by the Centre dated July 18, 2013, the state government was to bear escalation costs caused due to increased taxes, fluctuating foreign exchange rates and other things like change in plan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The demand of Mumbai Metro Rail Corporation for an increase in project cost of Metro 3 is likely to come up at the state cabinet meeting to be held at Sahyadri guest house on Tuesday. A senior officer of MMRC said that the project cost has now increased from Rs 23,136 crore to Rs 33,405 crore. The urban development department \u2013 the parent body to which MMRC reports \u2014 has sought an increase of Rs 10,269 crore and also asked for a new financial outlay. As per the earlier letter by the Centre dated July 18, 2013, the state government [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-513270","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/513270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=513270"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/513270\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=513270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=513270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=513270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}