{"id":61752,"date":"2020-02-22T10:00:16","date_gmt":"2020-02-22T05:00:16","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=61752"},"modified":"2020-02-21T16:39:15","modified_gmt":"2020-02-21T11:39:15","slug":"kcr-sindh-govt-bare-15-project-expense-compensate-4600-affectees","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kcr-sindh-govt-bare-15-project-expense-compensate-4600-affectees.html","title":{"rendered":"KCR: Sindh govt to bear 15% project expense, compensate 4,600 affectees"},"content":{"rendered":"\n<p>Karachi: The Sindh government and the Pakistan Railways on Wednesday mutually decided on a framework for the provision of funds for the Karachi Circular Railway (KCR) project, a news source reported. As per the publication, this decision was made during a meeting between Chief Minister (CM) Sindh Murad Ali Shah and Federal Minister for Railways Shaikh Rasheed.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sc-directs-sindh-centre-relocate-katchi-abadi-residents.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"SC directs Sindh, centre to consult professionals to relocate katchi abadi residents (opens in a new tab)\">SC directs Sindh, centre to consult professionals to relocate katchi abadi residents<\/a><\/p>\n\n\n\n<p>The CM revealed that the Sindh government was committed to developing the KCR project and would provide 15 percent of the KCR expenses; amounting to PKR 40 billion. He added that the provincial government was also considering compensating the 4600 people who are to be <a href=\"https:\/\/www.zameen.com\/news\/plan-to-compensate-kcr-affectees-on-cards.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"affected  (opens in a new tab)\">affected <\/a>by the implementation of the project.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/sindh-reports-20-increase-sales-tax-collection.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Sindh reports 20% increase in sales tax collection (opens in a new tab)\">Sindh reports 20% increase in sales tax collection<\/a><\/p>\n\n\n\n<p>Minister Shaikh Rasheed stated that encroachments along the KCR route had been successfully removed, and check posts had also been built. He later told the media that the railway authorities would remove illegal structures and encroachments in the 50-feet area along the railway track as well. He added that the KCR was a China-Pakistan Economic Corridor (CPEC) Project and would be initiated whenever China released the USD 2 billion funds required for its completion. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sindh-cm-orders-formation-new-traffic-plan-karachi.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Sindh CM orders formation of new traffic plan for Karachi (opens in a new tab)\">Sindh CM orders formation of new traffic plan for Karachi<\/a><\/p>\n\n\n\n<p>Previously, the Supreme\nCourt had ordered that KCR should be operationalized within three months, and had\nalso directed the authorities concerned to initiate an anti-encroachment\ncampaign near the KCR tracks against illegal structures. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Sindh government and the Pakistan Railways on Wednesday mutually decided on a framework for the provision of funds for the Karachi Circular Railway (KCR) project, a news source reported. As per the publication, this decision was made during a meeting between Chief Minister (CM) Sindh Murad Ali Shah and Federal Minister for Railways Shaikh Rasheed. Read: SC directs Sindh, centre to consult professionals to relocate katchi abadi residents The CM revealed that the Sindh government was committed to developing the KCR project and would provide 15 percent of the KCR expenses; amounting to PKR 40 billion. He added that the provincial government was also considering compensating the 4600 people who are to be affected by the implementation of the project. Read: Sindh reports 20% increase in sales tax collection Minister Shaikh Rasheed stated that encroachments along the KCR route had been successfully removed, and check posts had also been built. He later told the media that the railway authorities would remove illegal structures and encroachments in the 50-feet area along the railway track as well. He added that the KCR was a China-Pakistan Economic Corridor (CPEC) Project and would be initiated whenever China released the USD 2 billion&hellip;<\/p>\n","protected":false},"author":76,"featured_media":60971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,20385,15016],"tags":[20393,19012,20400],"persona":[],"class_list":{"0":"post-61752","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"category-new-developments","10":"tag-compensate-4600-affectees","11":"tag-karachi-circular-railway-kcr","12":"tag-kcr-sindh-govt-to-bear-15-project-expense","13":"cat-15013-id","14":"cat-20385-id","15":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KCR: Sindh govt to bare 15% project expense - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Sindh government and the Pakistan Railways on Wednesday mutually decided on a framework for the provision of funds for the Karachi Circular\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/kcr-sindh-govt-bare-15-project-expense-compensate-4600-affectees.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KCR: Sindh govt to bare 15% project expense - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Sindh government and the Pakistan Railways on Wednesday mutually decided on a framework for the provision of funds for the Karachi Circular\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kcr-sindh-govt-bare-15-project-expense-compensate-4600-affectees.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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