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Reading: NCRTC receives budgetary allocation of Rs 2,900 crore
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StockWaves > Business > NCRTC receives budgetary allocation of Rs 2,900 crore
Business

NCRTC receives budgetary allocation of Rs 2,900 crore

StockWaves By StockWaves Last updated: February 2, 2025 6 Min Read
NCRTC receives budgetary allocation of Rs 2,900 crore
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The Nationwide Capital Area Transport Company (NCRTC), India’s first regional speedy rail undertaking, has obtained an allocation of greater than Rs 2,900 crore within the Union Price range 2025-26 introduced on Saturday.

The NCRTC has began its operation in Delhi from January 5 after Prime Minister Narendra Modi inaugurated a 13-km part of the hall from Sahibabad in Ghaziabad to New Ashok Nagar within the nationwide capital.

The NCRTC obtained a complete outlay of two,918 crore within the present funds, whereas it was Rs 3,855 crore in final funds’s revised estimates.

The union funds for 2025-26 was introduced by Finance Minister Nirmala Sitharaman on Saturday.

After the inauguration of the NCRTC’s Delhi part, commuters from the nationwide capital can attain Meerut South in simply 40 minutes.

At the moment, two stations — Anand Vihar and New Ashok Nagar — are operational in Delhi, whereas a 3rd one is beneath development at Sarai Kale Khan.

The 82-km Regional Fast Transit System (RRTS) hall originates at Sarai Kale Khan in New Delhi and terminates at Modipuram in Meerut.

It has 16 stations together with 9 extra stations for the Meerut metro, making it a complete and transformative regional transit answer.



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