The government has outlined big plans for metro rail in India, but the latest Union Budget does not reflect this. Allocations made in Budget 2018 for the metro rail projects are at a three-year low of Rs 15,000 crore. Secondly, a change in the Metro Rail Policy 2017 approved in August states that cities with a population of 20 lakh or more should go for a metro rail system or else look for other alternatives. As per the allocations, in the next fiscal, additional corridors under Phase-III of Delhi Metro are slated for completion. Metro Projects & MRTS budget allocations2016-17 / Actuals : Rs 15,327 crore2017-18 / Budget Estimates : Rs 18,000 crore2017-18 / Revised Estimates : Rs 18,000 crore2018-19 / Budget Estimates : Rs 15,000 crore
Source: dna February 08, 2018 23:37 UTC