Tuesday, June 2, 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

Spiro
Investment

Invest: $215m to scale Spiro in Africa

by Fiinews
June 2, 2026
0
13

Spiro bring Danish pension capital African markets Indian Entrepreneur Gagan Gupta's African EV platform Spiro has raised US$215 million and...

Sunsure
Projects

Project: Sunsure commissions Kabrai RE plant

by Fiinews
June 1, 2026
0
14

Sharma says India's clean energy transition is inseparable from its manufacturing ambitions Sunsure Energy, India's preferred Round-the-Clock renewable energy solutions...

State Bank of Vietnam

Tech: RBI-SBV signed MoU to digital payments

June 1, 2026
16
Canadian Federaton of Agiculture

Invest: Canada-India work on commercial opportunities

May 30, 2026
18
Excelsoft

Tech: Excelsoft-AQA to develop e-marking platform

May 29, 2026
15
IFBA

Project: Ramp up climate mitigation measures

May 29, 2026
14
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
  • Investment: India welcomes US investment and technology collaboration

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

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    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: BFIL wins order for artillery shells
  • Invest: $215m to scale Spiro in Africa
  • Market: Hindustan Coca-Cola to list in Mumbai
  • Tender: adopt advanced technologies, says Minister
  • Export: India-Oman CEPA brings new energy

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.