"The finance secretary objected, saying if the Centre withdrew its guarantee, the state government would have to repay the entire loan with interest. He would not budge despite intervention from the chief minister," said sources. A senior Congress minister too did not want the proposal to be passed, saying he was yet to read the note on the Metro rail project.
Infuriated ministers from Mumbai then threatened to walk out of the meeting leading to sharp exchanges. "Order was restored only after chief minister Prithviraj Chavan assured that the proposal would be brought up again at the next cabinet meeting,'' sources said.
The Congress wants to make the 33.5km underground Metro Rail-III project from Colaba to Bandra, the airport and finally to MIDC SEEPZ, one of its showcase projects. "We want the project to be announced before the code of conduct comes into place but some of our own want to undermine the party's prospects for petty gains," said sources.
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