29,400cr projects launch

Series of developmental projects

• In his latest visit to Mumbai, Prime Minister Narendra Modi laid foundation stone of developmental projects worth Rs 29,400 crore while he attended a function of NESCO Exhibition Centre in Goregaon.
• State Chief Minister Eknath Shinde recently mentioned that the Mahayuti Alliance is slated to achieve victory in the upcoming assembly elections and the timely launch of these developmental projects might just be relevant part of the Mahayuti Assembly Poll Strategy.
• An official governmental release from the Prime Minister Office also formalized the inauguration of these projects.

Scheme for young Mumbaikars

• PM had always considered the youth of the country to be treasure trove. Launch of Mukhyamantri Yuva Karya Prashikshan Yojana, addressing the concerns of the youth, is an essential need-of-the-hour program costing roughly Rs 5,540 crore. Key features:
  • -Employment will be provided to youth aged between 18-35 years and close to 10 lakh youth might be benefitted by this program.
  • -During internship of six months, 12th pass, diploma and degree holders will be paid Rs.6000-1000 as remuneration.

Remodeling projects

• Kalyan Railway Yard Project is one of the biggest rails rejig projects and the PM laid the foundation of the same. Kalyan Railway Yard Remodeling Project This project aims to separate the suburban and long-distance traffic as well as strengthen the goods yard.
• Remodeling of Gati Shakti Multi Modal Cargo Terminal at Turbhe in Navi Mumbai is also part of the agenda. It will act as an additional terminal for handling cement and related products.

Increased station capacity

• Chhhatrapati Shivaji Terminus platform extension was declared which will result in smooth commutation of the passengers since it is a 24-coach platform.
• As an honor to the independence activist Lok Manya Tilak, a new terminus was devoted in his name enhancing the station capacity to accommodate more passengers.

Connectivity is key

• Commuting from Mumbai city to Thane has been a constant pain point for the Mumbaikars. No longer, PM inaugurated the twin tube tunnel between thane and Borivali passing below Sanjay Gandhi National Park constructing a direct connection between Western Express Highway on the Borivali side and Thane Ghodbander Road on the Thane side. Passengers will save about an hour in travel time which is a boon in everyday life.
• PM flagged off the Goregaon-Mulund Link Road (GMLR) project which will create road connectivity from Western Express Highway at Goregaon to Eastern Express Highway at Mulund. This project will integrate Western suburbs with the new proposed airport at Navi Mumbai and Pune Mumbai Expressway.

INS gets country hub

• PM launched Indian Newspaper Society (INS) towers in Bandra Kurla Complex accommodating new office space for INS employees and the complex will act as the central hub of newspaper.

Editor’s Note

Despite Mumbai being Asia’s third largest fintech hub and ranks 12th globally for fintech companies, the city had always struggled with not-so improved infrastructure and relentless need of more space. With the mammoth projects in pipeline, finally ‘Do Deewane Shaher Mein Aashiyana Dhoondte Hain’ might come to an end!!!