Cabinet approves two railway projects worth Rs 6,405 crore across 7 districts in India
These initiatives will improve travel convenience, reduce logistic cost, decrease oil imports, and contribute to lower CO2 emissions, supporting sustainable and efficient rail operations.
)
04:25 PM IST
Prime Minister Shri Narendra Modi-led Cabinet Committee on Economic Affairs has approved two multitracking railway projects worth Rs 6,405 crore. The two projects covering seven districts across the states of Jharkhand, Karnataka and Andhra Pradesh, will increase the existing network of Indian Railways by about 318 kilometers.
The projects are in line with Prime Minister Shri Narendra Modiji’s vision of a New India, which will make people of the region “Atmanirbhar” by way of comprehensive development in the area, which will enhance their employment/ self-employment opportunities.
These projects include:
1. Koderma – Barkakana Doubling (133 Kms) – The project section passes through a major coal producing area of Jharkhand. Furthermore, it serves as the shortest and most efficient rail link between Patna and Ranchi.
2. Ballari – Chikjajur Doubling (185 kms.) – The project line traverses through Ballari and Chitradurga districts of Karnataka and Anantapur district of Andhra Pradesh.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
7 Fundamental Stock Picks: Analysts pick 5 largecap, 2 other stocks for long term; targets suggest up to 29% gains
)
Top 5 Funds That Have Doubled Investor Wealth in 3 Years: Rs 100,000 lump sum investment in No. 1 fund has jumped to Rs 2,53,651
)
8th Pay Commission Revised Pension Calculations: How Level 3, 4, 5, 6, or 7 central govt employees may see their pension revised at 1.92, 2.04, 2.28 and 2.57 fitment factors
)
SIP Calculation: Rs 20,000/month investment, how quickly can you generate Rs 12 crore corpus? See calculations
)
Rs 100 Daily SIP for 30 Years vs Rs 500 Daily SIP for 15 Years: Which investment can help you generate higher corpus? Explained with examples
04:25 PM IST