Nagpur-Mumbai expressway to be named after Bal Thackeray

Sarkaritel
By Sarkaritel December 12, 2019 14:23

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Mumbai, Dec 12  The Maha Vikas Aghadi (MVA) government here on Wednesday decided to name the upcoming Nagpur-Mumbai Super Communication Expressway (NMSCE) after the Shiv Sena founder-patriarch late Balasaheb Thackeray, officials said.

The decision was taken at the cabinet meeting, presided over by Chief Minister Uddhav Thackeray, on a proposal by Minister Eknath Shinde for the christening of the Rs 55,335-crore mega project, also known as Nagpur-Mumbai Samruddhi Mahamarg.

Incidentally, the previous Bharatiya Janata Party-led government of former Chief Minister Devendra Fadnavis was preparing to name it after late Prime Minister Atal Bihari Vajapayee.

At that time, the Sena as a ruling ally had demanded the NMSCE be named after late Thackeray, but the request was not conceded, and the decision was pending.

At Wednesday’s cabinet meeting, the state government also decided to infuse an additional Rs 3,500 crore share capital into the MNSCE and waive stamp duty on the agreements between agencies working on the project.

This will be in addition to the existing capital of Rs 27,335 crore, comprising Rs 3,500 crore from the Maharashtra State Roads Development Corporation, Rs 5,500 crore from state PSUs, waiver of royalties on minor minerals of Rs 2,414 crore, interest on loans during the construction period at Rs 6,396 crore and land cost of Rs 9,525 crore.

Sarkaritel
By Sarkaritel December 12, 2019 14:23