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MISSION
To develop world-class
infrastructure for an efficient, safe and
sustainable Railway system in Mumbai suburban
section to provide comfortable and friendly train
services to the commuters.
MRVC
Mumbai Railway
Vikas Corporation (MRVC) was incorporated on July
12, 1999, to implement the Railway work of Mumbai
Urban Transport Project. The Corporation will
execute the projects so far identified and will also
be involved in the planning and development of
Mumbai Suburban Rail system.
The requirement
of funds for the total project including
resettlement and rehabilitation will be provided as
follows:
- Budgetary
support from Government of Maharashtra and Indian
Railways.
- Revenue from
commercial development of Railway land airspace.
- Borrowings to
be decided with mutual consent of Government of
Maharashtra and Indian Railways.
- Surcharge to
be levied on commuters from a date to be mutually
agreed upon between Government of Maharashtra and
Indian Railways.
Objectives
- Integrate
suburban rail capacity enhancement plans with
urban development plan for Mumbai and propose
investments.
- Implement the
rail infrastructure projects in Mumbai suburban
sections.
- Commercially
develop Railway land and airspace in Mumbai area
to raise funds for suburban railway development.
- Resettlement
& Rehabilitation of Project Affected Households.
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