Plans for Delhi Metro's red line extension were approved
The national government is going to cover over forty % of the cost of the Delhi component. The remaining expenses will be covered by the Delhi Development Authority (DDA), which will contribute Rs 1,000 crore. According to the statement, 37.5% of the capital will come from bilateral and multilateral loans, while the Delhi government will provide around 20%. Eighty % of the subsidies for the Haryana component will come from the state government, with the remaining twenty % coming from grants from the national government.
Within four years, this 26.5-km route with 21 stops will be finished. According to the statement, it will significantly increase the areas of Narela, Bawana, and Alipur's connectivity with the rest of the city and spark an infrastructural boom.