Union Railway Minister Pawan Kumar Bansal said that an investment of Rs 5.6 lakh crore would be required to modernize Indian Railways. He also said that some major industries, mine and port merchants are coming forward for the expansion of railway tracks to intensify their services.
The dedicated state corridor between Ludhiana-Kolkata and Delhi-Mumbai would be completed before five years, he said. The total length of both the corridor railway tracks is 3,338 kilometer (km) and the Ludhiana corridor would be completed on priority because Punjab is the “bread basket of the country, he said. Meanwhile, the minister expressed concern over annual losses of Rs 22,000 crore incurred to the Indian Railways from express and passenger trains.
Modernisation of Rlys needs ` 5.6 trillion
Leave a Reply
You must be logged in to post a comment.