February 24, New Delhi — Today, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the extension of the metro line from GIFT City to Shahpur, which will be 3.33 kilometers long and include three elevated stations. The project is scheduled to be completed in approximately four years.
The estimated cost of the project is Rs. 1,067.35 crore. This extended corridor is expected to benefit approximately 23,702 passengers in 2029 and approximately 58,059 passengers in 2041.
This corridor extension will be beneficial to daily commuters traveling between Ahmedabad & the GIFT region, catering to travel needs related to business, employment, and education, thereby significantly enhancing network integration and passenger convenience.
The project will be implemented by Gujarat Metro Rail Corporation Limited (GMRC), a 50:50 joint venture between the Government of India and the Government of Gujarat.
Separately, the Cabinet Committee on Economic Affairs also approved Minimum Support Prices for Raw Jute for the 2026-27 marketing season.
The announced MSP for raw jute for the 2026-27 marketing season is in line with the principle of fixing MSP at a level of at least 1.5 times the all-India weighted average cost of production, as announced by the Government in the 2018-19 Budget.
Byte: Ashwini Vaishnaw, Union Minister of Railways of India