pune three years after it was approved the citys metro project cost has escalated but the state is still busy ironing out its funding logistics the latest on metros funding is the state finance departments objection on the projects financial model and has suggested that the civic body shoulder more share of the project cost however elected representatives and the civic body want the state to set aside the objections and forward the proposal to the centre let us start work for all these years we are just debating and discussing everyone cannot be satisfied and there will be differences but we have to move on and start actual work as work progresses we can always improvise and make better changes but it is high time that people get confidence that something is happening on the ground said shashikant limaye officer on special duty osd for the execution of the citys metro rail project former chief of the delhi metro rail corporation dmrc e sreedharan who was in the city on thursday held discussions with city organizations and experts and insisted that actual work should begin without any further debates a senior state official told toi on saturday that the state finance department recently submitted its objections on the pune metro proposal the finance officials have raised questions over the financial model and have suggested that the municipal corporations share in the metro be hiked to 20 from the existing 10 of the total project cost while the state and the centre put in 20 each the remaining amount should be raised by the special purpose vehicle he said the finance department has also the questions about traffic control and passenger fare mlc mohan joshi who raised the metro approval issue in the state legislative council told toi that the project should not be halted because of objections raised these objections could have been raised earlier i have asked chief minister prithviraj chavan to set aside objections and forward the proposal to the centre the state can forward the finance departments queries to dmrc and seek clarifications but the project proposal should not be halted for this reason said joshi there were other steps that have not yet been taken a memorandum of understanding mou between the state and union government was expected to expedite the joint venture and decide the involvement of state pmc and the centre also issues of liability for loans the administrative control in the special purpose vehicle spv a policy on fare structure and operational subsidy were to be decided but nothing has happened said an official of the state urban development department the state has appointed the pmc as executive body to take decisions about the project till the spv is formed but the pmc has only appointed an officer senior urban town planner ramchandra gohad said the project cost has now escalated by rs 2199 crore and is now pegged at rs 10183 crore raising funds will become more difficult