Finance ministry refuses funds to mumbai harbour link.

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The  much - delayed mumbai trans-harbour link (MTHL) has suffered a fresh setback as the   union finance ministry has refused to approve its viability gap funding, asking the city's development authority to treat the sea - link as a road and reduce the concession period to 30 years from 45.

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the 22 - km Rs. 9,630- crore MTHZ is a critical infrastructure showpiece for the financial capital as it will drastically reduce the distance between central mumbai and Navi mumabi and also connect to the proposed second air port there.