Highlights The railways will float the tenders for the metro projects and these companies will be able to participate in it and this will be done under the “ Make In India” campaign. Among the various allocations, the government has already announced an outlay of Rs 5,976 crore and Rs 2,092 crore to fund the Nagpur Rail Project Phase-II and the Nashik Metro, respectively. Key to achieving this will be the realisation of the much-anticipated Nashik Metro Neo project The government further aims to make the metro service available in 50 cities in the next 5 years. While presenting the union budget 2021 on February 1, Finance Minister Nirmala Sitharaman had said that two new technologies - MetroLite and MetroNeo will be deployed to provide metro rail systems at a much lesser cost in Tier 2 cities and peripheral areas of Tier 1 cities too.