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The Central Government has recently decided to recruit 1,300 engineers and other posts to fast-track the Srinagar Light Metro project on ground reality.
After revocation of Article 370 from the constitution of India and reorganisation of Jammu and Kashmir (J&K) as a Union Territory the centre has planned to bring in fast-paced infrastructure development and employment generation in the state.
To implement the proposed light metro rail transit system in Srinagar, the project implementing agency will need to deploy the manpower from various disciplines. The government will soon notify the vacancies to recruit the graduates and professionals with degrees in architecture, civil engineering, signal electronics, traffic management and telecommunications.
The Central government is also planing to hold the UT’s first-ever investors’ summit in coming September-October on the pattern of Gujarat, Uttar Pradesh, Punjab, Haryana, and Karnataka.
In Srinagar, the J&K government has planned to implement proposed 25-km long light metro corridor, which consists in two sub-corridors one from Indira Nagar to HMT Junction and another from Hazuribagh to Osmanabad. The project cost is estimated to Rs 5,108 crore.
In last month on July 4, J&K governor Satya Pal Malik had announced that work on the light metro rail project would start soon. The first tender for the civil works will be floated by the end of this month.
The Central government will fund around 21.2% of the total cost of the project while J&K government will contribute an equal amount and the rest will be financed by external commercial banks under a special purpose vehicle (SPV).
The Central Government has already appointed state-of-the-art railway consultancy firm RITES as the nodal agency to complete the light metro rail project.
In the detailed project report (DPR) of Srinagar Light Metro, it is said,
Revenue for the Srinagar Metro will mainly consist of fare box collection and non-fare box sources such as property development, advertisement, parking, taxes etc. The first tender for the civil works will be released by the end of this month.
In the report, the implementing agency have also included a national transit-oriented development policy for this corridor. This policy integrates land use and transport planning to develop sustainable urban growth, high density mixed land use and employment.
The government has also included an alignment plan of about 72 buildings and 92 families that may be affected during the completion of the light metro project.
This article first appeared on urbantransportnews.com
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