Finally A Green Signal For Kolkata’s Monorail Project

The major idea has come into the news once again after almost a decade of its commencement. Burn Standard had submitted this proposal of monorail implementation almost 12 years ago. Central Govt. has finally made the plans performing to inaugurate city’s first ever monorail. With the progress of the project it’s being said that within 2020 passengers will be able to utilize this transportation services fully. Initially mono rail will run from Budge Budge in South 24 Parganas to Ruby on E M Bypass. Yesterday it has been officially approved by the state industry promotion and development board.
State Govt. organized a press met on Wednesday at Nabanna regarding this issue where the honorable chief minister Smt. Mamata Banerjee told the reporters,- ‘’The state transport department will sign a MoU with Burn Standard company very soon. The firm will bear the project cost – around 4216 crore- while the state government will provide the land and give all infrastructural support’’.

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The Board for Industrial and Financial Reconstruction (BIFR) referred Burn Standard company in November 1994. The company nullified this project as they considered it to be sick project in the year 1995, but now the company is all set to restore the project. ‘’ Burn Standard was under the ministry of heavy industries. But I brought it under the railways ministry when I was the railway minister,’’ Mamata stated. On the other hand Burn Standard CMD Md. Asad Alam said, “We are preparing a detailed project report. We will submit the report two weeks after the MoU is signed with the transport department.’’ Regarding the cost of the project he said, ‘’ Fund will never be a problem. Most of it will come in the form of FDI and we are negotiating with various companies and agencies. I cannot comment on the details but we are getting positive response. We hope to start the project by March of next year. It will take another three years to complete the project’.
Transport department officials are expecting monorail services along with the Batanagar- Jinjira flyover will decrease traffic jam on one of the main busy streets in the city. This is about the Budge Budge trunk road which remains always crammed by unruly bulk traffic. Since decade people have been facing this issue as a daily dose of torment. Particularly this route effectively needs an alternative transport way. Transport officials are really optimistic with this project; they are expectant with this implementation will bring positive changes to regular transport. Real estate market of Kolkata is anticipating too some excess sale in flats in Kolkata with this latest infrastructural connectivity.
The Left Govt. had planned for the same in the year 2004 but unfortunately the fruit never got ripen over the years. The project finally was brought into the right track during Mamata Banerjee’s Singapore tour in 2014.

By LNN (Liyans News Network)

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