Mumbai: MMRDA begins tender process for construction of pedestrian hanging bridge connecting City Park BKC and Maharashtra Nature Park
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Sitaram Kunte appointed as new Chief Secretary of Maharashtra
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The budget was approved by MMRDA meeting under the chairpmanship of Maharashtra urban development minister Eknath Shinde. (File photo)
MUMBAI: Mumbai Metropolitan Region Development Authority (MMRDA) has approved an outlay of Rs 12,969 crore, of which around 35 per cent has been allocated for various Metro projects , in the budget estimates prepared for the financial year 2021-22.
The budget estimate for 2020-21 was 15,819 crore but it was revised to Rs 9,851 crore as per actual expenditure.
MMRDA spokesperson said, “The budget was approved by MMRDA meeting under the chairpmanship of state urban development minister Eknath Shinde today. The budget makes special provisions for infrastructure projects like public transport and Metro railway. This will help reduce the traffic congestion in Mumbai and ensure that Mumbaikars have a comfortable and shorter commute.1”
Bankruptcy court admits insolvency proceedings against Tops Security
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The Mumbai bench of the National Company Law Tribunal (NCLT) has also appointed chartered accountant Rajendra Karanmal Bhuta as interim resolution professional (IRP) to oversee the company’s day-to-day affairs and revival plans.
The Enforcement Directorate (ED) is currently investigating an alleged money laundering scam of about Rs 175 crore against Topsgrup Services promoter Rahul Nanda and some others.
The dedicated bankruptcy court has admitted insolvency proceedings against security services provider Topsgrup Services and Solutions, popularly known as Tops Security.
The Mumbai bench of the National Company Law Tribunal (NCLT) has also appointed chartered accountant Rajendra Karanmal Bhuta as interim resolution professional (IRP) to oversee the company’s day-to-day affairs and revival plans.