The state government has sanctioned Rs 250 crore for the Metro line 3 project. It will be paid to Mumbai metro rail corporation ltd that is executing the project. This is the second tranche of the Rs. 500 crore budgeted for the project in this financial year. In January the government had paid Rs. 250 crore. The project s being funded 50:50 ratio by the centre and state. As per the impact, 50% of taxes...