News APP

NewsApp (Free)

Read news as it happens
Download NewsApp
Home  » News » Govt seeks Japanese help for Delhi, Bangalore metro projects

Govt seeks Japanese help for Delhi, Bangalore metro projects

Source: PTI
November 30, 2005 22:11 IST
Get Rediff News in your Inbox:

The government has sought the assistance of the Japan Bank of International Cooperation to fund the Bangalore Metro project and the second phase of the Delhi Metro. Urban Development Minister S Jaipal Reddy informed the Lok Sabha in a written reply Wednesday.

"The JBIC is appraising both the proposals," he said.

The Japanese Bank had also provided funds for the first phase of the Delhi Metro project, which is nearing completion.

Reddy also said that Delhi Metro Rail Corporation had requested the Union government to provide Rs 105 crore for payment of cess to the Labour Welfare Department.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.