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		<title>DELHI METRO OBSERVES ITS 31ST FOUNDATION DAY</title>
		<link>https://newsmantra.in/delhi-metro-observes-its-31st-foundation-day/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 05 May 2025 10:35:31 +0000</pubDate>
				<category><![CDATA[Metro Mantra]]></category>
		<category><![CDATA[Chief Minister DELHI]]></category>
		<category><![CDATA[Delhi Metro]]></category>
		<category><![CDATA[DMRC Foundation Day]]></category>
		<category><![CDATA[GNCTD]]></category>
		<category><![CDATA[Smt. Rekha Gupta]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=61905</guid>

					<description><![CDATA[<p>The Delhi Metro Rail Corporation (DMRC) observed its 31st Foundation Day today at Bharat Mandapam, New Delhi. The occasion was attended by Shri Manohar Lal, Hon’ble Union Minister of Housing and Urban Affairs &#38; Power, as the Chief Guest. Smt. Rekha Gupta, Hon’ble Chief Minister, GNCTD, was present as the Guest of Honour....</p>
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										<content:encoded><![CDATA[<p>The Delhi Metro Rail Corporation (DMRC) observed its 31st Foundation Day today at Bharat Mandapam, New Delhi. The occasion was attended by S<b>hri Manohar Lal, Hon’ble Union Minister of Housing and Urban Affairs &amp; Power, </b>as the Chief Guest. <b>Smt. Rekha Gupta, Hon’ble Chief Minister, GNCTD, </b>was present as the Guest of Honour. Other dignitaries in attendance included Shri Katikithala Srinivas, Secretary, Ministry of Housing and Urban Affairs and Chairman, DMRC; Shri Dharmendra, Chief Secretary, GNCTD; and Dr. Vikas Kumar, Managing Director, DMRC.</p>
<p><img fetchpriority="high" decoding="async" class="alignright wp-image-61914 " src="https://newsmantra.in/wp-content/uploads/2025/05/Pic-6.jpeg" alt="DELHI METRO OBSERVES ITS 31ST FOUNDATION DAY" width="314" height="558" srcset="https://newsmantra.in/wp-content/uploads/2025/05/Pic-6.jpeg 717w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-6-169x300.jpeg 169w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-6-576x1024.jpeg 576w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-6-225x400.jpeg 225w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-6-585x1039.jpeg 585w" sizes="(max-width: 314px) 100vw, 314px" />During the programme, DMRC’s Annual Awards were presented to individuals and teams for their exemplary contributions to the organization.</p>
<p>The recognitions included:</p>
<div><b>Metro Woman of the Year</b>: Ms. Preeti, Senior Station Controller/Train Operator</p>
<div><b>Metro Man of the Year:</b> Shri Suresh Pawar, Senior Station Manager/Line Supervisor</div>
<div><b>Best Metro Station: </b>Karol Bagh Metro Station<br />
<b>Best Metro Depot: </b>Kalindi Kunj Depot<br />
<b>Rajbhasha Puruskar:</b>Ms. Anjali, Senior Customer Relations Assistant</p>
<p>A special award was also presented to the Metro Adventure Club (MAC) team for its year-long activities promoting team spirit and bonding  among DMRC employees.</p>
<p>The Hon&#8217;ble Union Minister for Housing and Urban Affairs &amp; Power, Sh. Manohar Lal appreciated the Delhi Metro for its achievements and said, &#8220;The highest number of passenger journeys achieved in Delhi Metro is 78 lakhs. Many countries do not have a population of 78 lakhs and these many people travel by the Delhi Metro in one day. The journey is convenient, safe and disciplined. Life has become much easier for the passengers.&#8221;</p></div>
<div><img decoding="async" class="aligncenter wp-image-61915 size-full" src="https://newsmantra.in/wp-content/uploads/2025/05/Pic-2.jpeg" alt="DELHI METRO OBSERVES ITS 31ST FOUNDATION DAY" width="1600" height="1066" srcset="https://newsmantra.in/wp-content/uploads/2025/05/Pic-2.jpeg 1600w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-300x200.jpeg 300w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-1024x682.jpeg 1024w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-768x512.jpeg 768w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-1536x1023.jpeg 1536w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-480x320.jpeg 480w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-280x186.jpeg 280w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-960x640.jpeg 960w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-600x400.jpeg 600w, https://newsmantra.in/wp-content/uploads/2025/05/Pic-2-585x390.jpeg 585w" sizes="(max-width: 1600px) 100vw, 1600px" /><br />
The Hon&#8217;ble Chief Minister of Delhi Smt. Rekha Gupta also congratulated Delhi Metro on the occasion. &#8220;The place that Delhi Metro has made in the hearts of the people, it is indeed nothing less than the lifeline.</p>
<p>There is a &#8216;feel good factor&#8217; when a passenger enters the Delhi Metro. They keep it clean, and they follow the rules as well. There has been a behavioural change,&#8221; she said during her address.</p>
<p>The event was a time to reflect at how far Delhi Metro has come and to appreciate the hard work of everyone who has been part of this journey. It was also a reminder of DMRC’s continued focus on providing safe, dependable, and eco-friendly travel to the people of Delhi and the surrounding areas.</p></div>
</div>
<p>The post <a href="https://newsmantra.in/delhi-metro-observes-its-31st-foundation-day/">DELHI METRO OBSERVES ITS 31ST FOUNDATION DAY</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>Cabinet approves revision in the Funding Pattern of Delhi Metro</title>
		<link>https://newsmantra.in/cabinet-approves-revision-in-the-funding-pattern-of-delhi-metro/</link>
					<comments>https://newsmantra.in/cabinet-approves-revision-in-the-funding-pattern-of-delhi-metro/#respond</comments>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 12 Dec 2019 06:43:30 +0000</pubDate>
				<category><![CDATA[News Mantra: Exclusive]]></category>
		<category><![CDATA[DELHI]]></category>
		<category><![CDATA[DMRC]]></category>
		<category><![CDATA[GNCTD]]></category>
		<category><![CDATA[metro]]></category>
		<category><![CDATA[metro rail policy]]></category>
		<category><![CDATA[parliament]]></category>
		<category><![CDATA[supreme court]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=9180</guid>

					<description><![CDATA[<p>The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for revision in the funding pattern of three approved priority corridors of Delhi Metro Phase-IV projects, namely, (i) Aerocity to Tughlakabad, (ii) R.K Ashram to Janakpuri (West) and (iii) Mukundpur &#8211; Maujpur with sharing of...</p>
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]]></description>
										<content:encoded><![CDATA[<p>The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for revision in the funding pattern of three approved priority corridors of Delhi Metro Phase-IV projects, namely, (i) Aerocity to Tughlakabad, (ii) R.K Ashram to Janakpuri (West) and (iii) Mukundpur &#8211; Maujpur with sharing of land cost in the ratio of 50:50 between Government of India (GoI) and Government of National Capital Territory of Delhi (GNCTD). This is in pursuance of the amendments to Metro Rail Policy, 2017 applicable only for Delhi, in compliance to the Supreme Court order dated 06.09.2019.</p>
<p>The total cost of the project which is Rs. 24,948.65 crore remains unchanged. The contribution from GoI increases from the existing Rs. 4,154.20 crore to Rs. 4,643.638 crore resulting in a net increase of Rs. 489.438 crore. The amount of external loan from bilateral/multilateral agencies which DMRC has to repay increases from the existing Rs. 11,462.60 crore to Rs.12,930.914 crore with a net increase of Rs. 1,468.314 crore.</p>
<p>Background:<br />
Three priority corridors of Delhi Metro phase-IV project were approved by the Government of India in March, 2019 at a completion cost of Rs. 24,948.65 crore. The funding pattern was kept in line with provisions of Metro rail policy, 2017. GNCTD in April, 2019 directed DMRC not to start work on the sanctioned corridors unless MoHUA revises the cost sharing pattern in tune with approval concurred by them.</p>
<p>After intervention of the Supreme Court, the work was started in July, 2019. The Supreme Court in its order dated 06.09.2019, upheld the provisions of Metro Rail Policy, 2017 regarding bearing of operational losses and repayment of external loan and currency fluctuation cost by the State in case the Special Purpose Vehicle (DMRC in this case) fails. The Supreme Court directed to make a departure from the Policy to be applicable only in the case of Delhi and to share land cost in the ratio of 50:50 between GoI and GNCTD. The relevant para of Metro Rail Policy, 2017 is also amended accordingly.</p>
<p>The post <a href="https://newsmantra.in/cabinet-approves-revision-in-the-funding-pattern-of-delhi-metro/">Cabinet approves revision in the Funding Pattern of Delhi Metro</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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