New Delhi: The Cabinet Committee on Economic Affairs on Wednesday cleared a sum of Rs 6,456 crore for 3 railway projects, namely, two new railway lines and one multi-tracking project.
🔸#Cabinet approves two new lines and one multi-tracking project across Indian Railways: To provide connectivity, facilitate ease of travelling, minimize logistics cost, reduce oil imports and lower CO2 emissions
🔸The total estimated cost of the projects is Rs 6,456… pic.twitter.com/JNjDEjgjcR
— PIB India (@PIB_India) August 28, 2024
As part of the PM Gati Shakti National Master Plan for multi-modal connectivity the 3 projects are envisaged to connect 7 districts and 4 states, namely, Odisha, Jharkhand, West Bengal and Chhattisgarh. The projects are expected to enhance the existing railway network by 300 km, according to an official statement.
🔸The new line proposals will provide direct connectivity and improve mobility, providing enhanced efficiency and service reliability for Indian Railways
🔸The multi-tracking proposal will ease operations and reduce congestion, providing the much-required infrastructural… pic.twitter.com/hDKC4Ljxvf
— PIB India (@PIB_India) August 28, 2024
Under the new projects, 14 new stations will come up connecting 2 aspirational districts, namely, Nuapada and East Singbhum. Nearly 11 lakh people from 1,300 villages will benefit from the new line projects. Another 1300 villages and 19 lakh people will benefit from multi-tracking projects.
The Union Cabinet’s nod to 3 projects worth over Rs 6,000 crore is likely to benefit 4 states and over 2,600 villages. Here’s all you need to know. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
