Union Railway Minister Pawan Kumar Bansal announced a planned investment of Rs 63,363 crore for 2013-14, including Rs 600 crore from public private partnership (PPP) route. He said this while presenting the railway budget for 2013-14 in Parliament today.
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 cor