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:
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Road construction industry to launch RAHSTA Expo 2024
Shapoorji Pallonji divests Gopalpur port for Rs 33.5 bn
15th Cement EXPO to be held in March 2025 in Hyderabad
Debt Financing: Funding Sustainable Infra
$30 trillion economy seems possible
Indian Infrastructure: Attracting World Interest
IIFCL raises Rs 1,500 crore through bonds/debentures
Metro Rail sustainability suffering from affordability & connectivity
Dr E Sreedharan, India’s ‘Metro Man’ & India’s Top Metro Rail CEOs converge in Mumbai for CW Metro Rail Conference
Road Contracts awarded drop to less than half!
Synergy Steels clinches Award for Best Environment & Pollution Control Practices, 2023
Will QCBS phase out L1 for Infrastructure Procurement?
Home » Next Railways Budget may not feature new projects
Leave a Reply
You must be logged in to post a comment.