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Cabinet approves Thane integral Ring Metro Rail Project

Published By : Admin | August 16, 2024 | 21:43 IST
QuoteThe total completion cost of the project is Rs.12,200 crore to be operational by 2029
QuoteTotal Length of the ring corridor is 29-km (26 km Elevated and 3 km underground) and includes 22 Stations
QuoteConnects prominent areas like Naupada, Wagle Estate, Dongripada, Hiranandani Estate, Kolshet, Saket etc.

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the Thane Integral Ring Metro Rail Project corridor, Maharashtra. The 29-km corridor will run along the periphery of west side of Thane city with 22 Stations. The network is encompassed by Ulhas River on one side and Sanjay Gandhi National Park [SGNP] on the other.

This connectivity would provide a sustainable and efficient mode of transport, facilitating the city to realize its economic potential and ease traffic congestion on the roads. The project is also expected to contribute to reduction of greenhouse gas emissions.

Project Cost & Funding:

The estimated cost of the project is Rs.12,200.10 crore, with equal equity from Government of India and Government of Maharashtra as well as part-funding from bilateral agencies.

Funds would also be raised through innovative financing methods such as by selling Station naming and access rights for corporate, monetization of assets, Value Capture Financing route.

The corridor that connects major business hubs would provide an effective transport option for large section of employees. The Project is likely to be completed by 2029.

More importantly, the Metro line would benefit thousands of daily commuters, especially students and those commuting every day to office and work area by providing faster and economical transport options. The project would result in total daily ridership on the metro corridors for the years 2029, 2035 and 2045 by 6.47 Lakh, 7.61 lakh & 8.72 lakh passengers respectively.

Maha Metro will execute the project, along with civil, electro­mechanical, other associated facilities, works and related assets. Maha-Metro has already started the pre-bid activities and preparation of Tender documents. The contracts will be floated immediately for bidding.

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Text of PM’s address at the 78th Session of the World Health Assembly
May 20, 2025
QuoteThe theme of the World Health Assembly this year is ‘One World for Health’, It resonates with India’s vision for global health: PM
QuoteThe future of a healthy world depends on inclusion, integrated vision and collaboration: PM
QuoteThe health of the world depends on how well we care for the most vulnerable: PM
QuoteThe Global South is particularly impacted by health challenges, India’s approach offers replicable, scalable and sustainable models: PM
QuoteIn June, the 11th International Day of Yoga is coming up, This year, the theme is ‘Yoga for One Earth, One Health’: PM
QuoteWhile building a healthy planet, let us ensure that no one is left behind: PM

Excellencies and Delegates,Namaste. Warm greetings to everyone at the 78th Session of the World Health Assembly.

Friends,

The theme of the World Health Assembly this year is ‘One World for Health’. It resonates with India’s vision for global health. When I addressed this gathering in 2023, I had spoken about ‘One Earth, One Health’. The future of a healthy world depends on inclusion, integrated vision and collaboration.

Friends,

Inclusion is at the core of India’s health reforms. We run Ayushman Bharat, the world’s largest health insurance scheme. It covers 580 million people and provides free treatment. This programme was recently extended to cover all Indians above the age of 70 years. We have a network of thousands of health and wellness centres. They screen and detect diseases such as cancer, diabetes and hypertension. Thousands of public pharmacies provide high-quality medicines at far less than the market price.

Friends,

Technology is an important catalyst to improve health outcomes. We have a digital platform to track vaccination of pregnant women and children. Millions of people have a unique digital health identity. It is helping us integrate benefits, insurance, records and information. With telemedicine, nobody is too far from a doctor. Our free telemedicine service has enabled over 340 million consultations.

Friends,

Due to our initiatives, there has been a heartening development. The Out-of-Pocket Expenditure as percentage of Total Health Expenditure has fallen significantly. At the same time, Government Health Expenditure has gone up considerably.

Friends,

The health of the world depends on how well we care for the most vulnerable. The Global South is particularly impacted by health challenges. India’s approach offers replicable, scalable and sustainable models. We would be happy to share our learnings and best practices with the world, especially the Global South.

Friends,

In June, the 11th International Day of Yoga is coming up. This year, the theme is ‘Yoga for One Earth, One Health’. Being from the nation which gave Yoga to the world, I invite all countries to participate.

Friends,

I congratulate the WHO and all member states on the successful negotiations of the INB treaty. It is a shared commitment to fight future pandemics with greater cooperation. While building a healthy planet, let us ensure that no one is left behind. Let me close with a timeless prayer from the Vedas. सर्वे भवन्तु सुखिनः सर्वे सन्तु निरामयाः। सर्वे भद्राणि पश्यन्तु मा कश्चिद् दुःखभाग्भवेत्॥ Thousands of years ago, our sages prayed that everyone should be healthy, happy and free from disease. May this vision unite the world.

Thank You!