The Implementing Agencies of Rainbow BRT are the Pune Municipal Corporation and the Pimpri Chinchwad Municipal Corporation.
The Operating Agency is the Pune Mahanagar Parivahan Mahamandal Ltd (PMPML)
The BRTS project is funded by the Government of India Ministry of Urban Development. Additionally, Pimpri Chinchwad is one of 6 cities in India where the development of world class public transport systems is also supported under the UNDP, World Bank, Global Environmental Facility (GEF) Sustainable Urban Transport Project
For Rainbow BRTS project, PMPML has received technical support from Institute for Transportation and Development Policy (ITDP-India), a not-for-profit organization.
The Rainbow BRTS project is in line with India’s national policies such as:
- National Action Plan on Climate Change which emphasizes the need for reducing Green House Gas emissions and shift to public transport
- National Urban Transport Policy which emphasizes ‘Moving People, Not Vehicles’
- 12th Five Year Plan, which has a focus on ‘Inclusive & Sustainable Growth’