State seeks viability gap funding for Mumbai Metro
Mumbai, July 04 Making a pitch for Central funding of its ambitious Mumbai makeover projects, the state government has demanded that the Rs 2,356-crore first arm of the Mumbai Metro project be granted viability gap funding (VGF) by the Centre. According to senior government officials, in a recent meeting at the cabinet secretariat in New Delhi they had also demanded that the Union Ministry of Urban Development fund 35 per cent of the Rs 1,300-crore Mithi river clean-up project under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).