Watch Nagpur Metro Route Video
Nagpur Metro is a proposed rapid transit system for the city of Nagpur, India. It is estimated to cost INR86.80 billion (US$1.4 billion). In February 2014, the Government of Maharashtra gave approval for the Metro Project,while Government of India's Ministry of Urban Development has given "In Principle" approval for the Project.On 20 August 2014, Union Cabinet gave approval for the development of project, and PM Narendra Modi laid foundation stone on 21 August on his visit to city.[2]
To execute the project, the Cabinet approved setting up of Nagpur Metro Rail Corporation Limited which will be set up as a 50:50 jointly owned company of the Government of India and the Government of Maharashtra. While Urban Development Secretary will be the Chairman of that corporation, the Managing Director will be nominated by the Maharashtra government. The company will have 10 nominee Directors on its Board. These would be five nominees of the Government of India and five nominees of the Government of Maharashtra.
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