The Noida authority on Tuesday (18th August 2020) approved a budget of ₹5,037 crore for the financial year 2020-21, of which ₹ 221 crore will go towards land acquisition for the Noida-Greater Noida Metro Link connecting Noida’s sector 71 & 50 to Greater Noida West’s sector Knowledge Park-V area.
The authority had approved ₹6,289 crore budget last year.
“We will receive a revenue of ₹5037.37 crore for the financial year 2020-21 from different heads and have decided to spend ₹4,600 crore,” said Ritu Maheshwari chief executive officer of the Noida authority.