Burdened with Rs 2.5 lakh crore of projects stuck due to paucity of funds and other reaÂsons, the Indian Railways plans to give itself a 'plan holiday' in announcing new projects in 2012-13. Policymakers at the helm of the national transporter feel the break would help them clear the backlog of over 200 projects, mostly for laying new rail lines and doubling tracks, but also including new manuÂfacturing units for wagons and wheels. The Railways has been atteÂmpting a conscious shift from funding projects from its own resources for fresh capital invÂestment by embracing the pubÂlic private partnership (PPP) route. But it would take a couÂple of years for PPP to assume a major role in its financing plaÂns, while most pending projects will have to be implemented by dipping into the Railways'own revenue.
FlashNews:
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Greening India’s Freight Economy
Empowering Aatmanirbhar Infra Financing
Bharatmala: Driving Efficiencies with Technology
Home » Next Railways Budget may not feature new projects
Next Railways Budget may not feature new projects
Infrastructure Finance
August 1, 2011August 1, 2011

Leave a Reply
You must be logged in to post a comment.