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News Entry# 83806  
Jul 18 2012 (11:06AM)  Metro rail project challenged in SC For Being Executed Without Central Assistance (epaper.timesofindia.com)
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Commentary/Human InterestJMRC/Jaipur Metro  -  

News Entry# 83806     
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Posted by: Hareesh Mangalam*^  973 news posts  
The Jaipur Metro rail project has been challenged before the Supreme Court on the grounds that it is being executed without any assistance or partnership with the Centre even though Railways is a union subject.
Former BJP minister Manak Chand Surana has moved a special leave petition (SLP) before the apex court in this regard after the Rajasthan High Court refused to grant a stay on the Metro project. The Jaipur Metro Rail Corporation (JMRC) has now filed a caveat in the SC seeking a hearing on the issue before any order is passed on the SLP. A senior JMRC official said, “After the SLP was moved to the Supreme Court last week, we filed a caveat in this regard. The decision was taken to avoid unwarranted situation and to let the projectproceed smoothly.”
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According to the officials, so far Rajasthan is the only state which has initiated the Metro project without taking Central assistance. JMRC officials claimed, “As per the non-government railway act, other agencies can also operate the Metro without intervention or assistance from the Central government.”
JMRC sources claimed that so far Central assistance was not required as the state government has sufficient funds to complete the Jaipur Metro phase-I project proposed between Mansarovar and Chandpole covering a distance of 9.718 km.
Sources even claimed that initially not many urban development and housing (UDH) and JMRC officials supported the public-private partnership (PPP) model or the Centre buying JMRC equity. An official source said, “It was expected that there would be a lot of interference from other parties in the ongoing projects if they plan to put their money in it.”
An official said that initially when the project was conceived, stage-I was estimated at Rs 1,250 crore with the state government taking up just the civil work. The rolling stock and the construction of Metro from Chanpole to Badi Chaupar was planned for PPP.
But later the state government decided to fund even these two on its own, increasing the project cost to Rs 3,151 crore. “Now we have started a process to seek financial assistance in the form of equity from government of India for the Jaipur Metro corridor-I (Mansarovar to Badi Chaupar),” said an official. The JMRC is expecting 20% financial assistance from government of India in the form of equity for the project.
3 state highway projects approved
Jaipur: The high-level committee of finance ministry on Monday approved the three highway projects of Rajasthan. The Public Private Partnership Appraisal Committee (PPPAC) has given its nod for the extension of two-lane highway of Rajsamand-Bhilwara to a four-lane one
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