Railway sources said the board was not keen on releasing the additional funds during the MVA government “which was not on good terms with the Central government”
The railway board has released Rs 600 crore to Mumbai Railway Vikas Corporation (MRVC), which was facing a funds crunch to execute various infrastructure projects after the erstwhile Maha Vikas Aghadi government failed to contribute its share. MRVC is a 50:50 joint venture between the railway ministry and the state government. From 2020, Mumbai Metropolitan Region Development Authority (MMRDA) failed to pay its share in the venture.
Source: Times of India
