QMumbai: DMIC a Game Changer Says CM; Corruption Stalls JVLR Extn

All the city news you should read today. 

Updated
India
4 min read
Maharashtra Chief Minister Devendra Fadnavis. 
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1. Delhi-Mumbai Industrial Corridor Will Be a Game Changer, Says Maharashtra CM

Maharashtra Chief Minister Devendra Fadnavis. 
Maharashtra Chief Minister Devendra Fadnavis. 
(File Photo: IANS)

The Delhi-Mumbai Industrial Corridor (DMIC) will be a game changer in ushering holistic development in backward region of Marathwada, Chief Minister Devendra Fadnavis said on Monday. The completion of the project will generate employment for three lakh people and boost investment in the region, giving a major facelift to all the eight districts — Aurangabad, Latur, Hingoli, Beed, Parbhani, Osmanabad, Nanded and Jalna.

Fadnavis was addressing a rally in Aurangabad on the event to commemorate the Marathwada Mukti Sangram Din, which is celebrated every year on September 17.

Source: Indian Express

2. Maharashtra Govt to Seek Rs 50,000 Crore From Centre for Mumbai

Image for representation.
Image for representation.
(Photo Courtesy: The News Minute)

The Maharashtra government wants the Centre to pitch in with at least 20 per cent of the funds it would require to improve the infrastructure and the quality of life in the commercial capital over the next five years.

Underscoring Mumbai’s importance as the country’s commercial and economic capital, it has decided to seek a “special package” for the city’s infrastructure concerns.

Source: Indian Express

3. Corruption Stalls JVLR Extension

The BMC’s ambitious Jogeshwari-Vikhroli Link Road (JVLR) extension project has hit a roadblock due to alleged corruption by a civic offi cial. The project, which aimed to ease traffic chaos on JVLR by constructing a 1.1-km road connecting New Jogeshwari Flyover to New Link Road in Andheri (West), has seen inordinate delays due to alleged vested interest of a civic offi cial who was recently transferred from the K (West) ward after the Anti-Corruption Bureau (ACB) initiated an inquiry.

4. As Metro Work Progresses in Mumbai, Businesses Take a Hit

A representative image of the Mumbai metro.
A representative image of the Mumbai metro.
(Photo courtesy: Facebook)

In the coming years, Metro rail corridors will criss-cross the city, improving connectivity and thereby real estate prices in better-connected parts. But for now, amid an already dull real estate market in the financial capital, the construction phase of the routes has led to the opposite.

“The city had been anyway witnessing a dip in real estate prices. The inconvenience caused due to the construction activity of the Metro corridors has led to a further dip. In the last three to four years we have seen prices dropping by 20-25 per cent, but marking a final blow in the real estate market for the city in the last one year with the construction activity in full swing, the prices have seen a decline of at least 8-10 per cent,” says Gulam Zia, Executive Director at real estate consultancy Knight Frank India.

Source: Indian Express

5. Passengers Savage Plush Nashik Train Coach in 4 Months

Tray tables wrecked, armrests dislodged or made unusable, upholstery damaged, curtains torn, seat-reclining handles broken, window smashed, rubber door wadding ripped out, and health faucets, taps, toughened glass of luggage racks, trash bins and mirrors stolen.

This is the trail of destruction passengers have left behind aboard the Mumbai-Manmad Panchavati Express, just four months after the popular intercity service got new Linke Hofmann Busch (LHB) coaches, with better features and comforts, at the cost of Rs 38 crore. The frequent incidents of vandalism and theft have left the Central Railway with a repair bill of around Rs 9 lakh, excluding the cost of paint needed to gloss over hundreds of paan stains and other signs of defacement (the dreaded name graffiti).

Source: Mumbai Mirror

6. In Green Push, State Plans to Set up 500 Electric Vehicle Charging Points

Mumbai: The hybrid electric AC buses flagged off by Maharashtra Chief Minister Devendra Fadnavis in Mumbai on March 16, 2018.  The buses will be operated by BEST. 
Mumbai: The hybrid electric AC buses flagged off by Maharashtra Chief Minister Devendra Fadnavis in Mumbai on March 16, 2018. The buses will be operated by BEST. 
(Photo: IANS)

As part of its strategy to promote eco-friendly electric vehicles in the state, Maharashtra government-owned power distribution company, Mahavitaran Ltd, plans to set up 500 charging stations across the state, out of which 50 will be set up in the first phase.

Speaking to Mirror, Mahavitaran’s Managing Director Sanjeev Kumar said, “These charging stations will be set up on the premises of our sub-stations, so there will be no extra cost for land acquisition. Letters of intent to contractors will be issued as early as next week.’’

Source: Mumbai Mirror

7. Congress, NCP Leaders Get Notices for Rs 1,223 Cr Co-Op Loan Defaults

Ahead of the elections next year, the BJP government, it seems, is making loan defaults by Congress and NCP politicians in the state a political issue by targeting cooperatives, private sugar factories and spinning mills controlled by them.

The state government’s cooperation department has started proceedings to recover Rs 1,223 crore from 11 sugar factories and spinning mills who have defaulted on the loans taken from the District Central Cooperative Banks (DCCBs).

Source: Mumbai Mirror

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