December 14, 2024 03:33 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess

Seventy seven new railway projects Sanctioned

| | Feb 26, 2015, at 10:48 pm
New Delhi, Feb 26 (IBNS) The Railways intend to fast track the sanctioned works on 7,000 kms and commission 1200 km in 2015-16 at an investment of Rs. 8686 crore.

Presenting the Railway Budget 2015-16 in Parliament on Thursday, Railway Minister  Suresh  Prabhu said this budgetary allotment under Capital is 84 per cent  higher than 2014-15.

He said, “We also intend commissioning 800 km of gauge conversion. Additionally, we have sanctioned 77 projects covering 9,400 km of doubling/tripling/quadrupling works along with their electrification at a total cost of Rs. 96,182 crore which is over 2700 per cent  higher in terms of amount sanctioned in 2013-14, 2014-15 being a Plan holiday”.

The Minister said the priority for undertaking projects has been determined by a designated committee for capacity enhancement, revenue generation and decongestion.

He said negotiations are on with financial institutions for funding of these projects through extra budgetary resources. These projects cover almost all States, the Minister added.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.