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'Chennai Metro Phase II works slowed down due to delay in Centre nod'
The New Indian Express
|June 23, 2024
THE delay in approval of the Cabinet Committee on Economic Affairs (CCEA) for implementing the second phase of Chennai Metro Rail has impacted the state's finances and slowing down the implementation of the project, causing hardships to the people of Chennai, said Finance minister Thangam Thennarasu.
Taking part in the pre-budget meeting of ministers from all states in Delhi hosted by Union Finance Minister Nirmala Sitharaman, Thennarasu said Sitharaman had announced the Chennai Metro Rail Phase-2 as a central project at a cost of ₹63,246 crore while presenting the budget during the year 2021-22 and the project was recommended by the Public Investment Board (PIB) on August 17, 2021.
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