Saturday, April 11, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Green Urban Transport

Fiinews by Fiinews
November 9, 2016
in Investment, Projects, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Green Urban Transport

kolkata-metro
Kolkata Metro.
Private investments is to be encouraged to improve public transport in cities under the New Green Urban Transport Scheme being planned with the Central government assistance of Rs. 25,000 Crore.

City urban transport planning shall aim for moving people instead of cars, says Minister of Urban Development M. Venkaiah Naidu at the four-day Urban Mobility India Conference and Expo inaugurated in Gandhinagar on November 8, 2016.

The Central Government is working on new policy initiatives to encourage private investments in climate friendly and sustainable public transport systems like Metro rail, Non-motorised Transport and other low carbon emitting systems in urban areas.

The new initiatives under consideration include Green Urban Transport Scheme, new Metro Rail Policy, revision of Metro Acts and Standardisation and Indigenisation of Metro systems, with aim of increasing private sector participation.

Under the Green Urban Transport Scheme, provision of non-motorised transport infrastructure, increasing access to public transport, use of clean technologies, adoption of Intelligent Transport Systems (ITS) will be increased.

The scheme is being considered for cities, each with a population of 500,000 and above and all capital cities.

Central government assistance of about Rs.25,000 Crore would in turn trigger private investments to meet the resource needs over the next five years.

A new Metro Policy would soon be unveiled to meet the demand through increased private sector participation in urban areas. This Policy mandates preparation of Comprehensive Mobility Plans of cities mandatory to ensure last mile connectivity with metro stations, he said.

It also seeks to bring in more innovative models of implementation besides increased standardization and indigenization to induce competition, Naidu added.

The Central government has so far provided an assistance of over Rs.65,000 Crore including sovereign debt to metro projects in different cities. This has put in operation 325 kms of metro rails in Delhi, Kolkata, Chennai, Bengaluru, Mumbai and Jaipur.

About 517 kms of metro rail projects are under execution and another 449 kms under planning stage, said the Minister.

The Minister said that the existing two Metro Acts covering Kolkata and Delhi Metros are being integrated envisaging more delegation of powers to State Governments besides promoting Public Private Partnership and private initiatives. fii-news.com

Tags: Green Urban TransportKolkata and Delhi MetrosM. Venkaiah Naidu
ShareTweetShare

Related Posts

NBK
Investment

Invest: Indian-Kuwaiti Ministers hold trade talks

by Fiinews
April 11, 2026
0
13

Goyal sought greater economic cooperation with Kuwait Minister of Commerce and Industry Piyush Goyal has discussed available opportunities in trade...

Deakin University
Technology

Tech: Deakin-Aikam collaborates on AI

by Fiinews
April 10, 2026
0
11

Partnership for deeper global engagement, says Prof Martin Deakin University, Australia, and the Government of Telangana, through Aikam™, have formalised...

PIB

Tech: Minister updated on progress of NQM

April 10, 2026
11
PIB

Project: Kandla Port advances methanol bunkering

April 11, 2026
15
Nekkar power

Project: Nekkar says Rs.75cr for cell technology

April 9, 2026
14
Food India Expo 2026

Invest: Rs.9,207cr committed under food PLI

April 9, 2026
16
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Manufacture: 52 textile PLI applicants approved
  • Invest: Indian-Kuwaiti Ministers hold trade talks
  • Tech: Deakin-Aikam collaborates on AI
  • Tech: Minister updated on progress of NQM
  • Manufacture: Steel production grew 10.7%

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.