(The Gist of PIB) Union Budget: Railway infrastructure
(THE GIST OF PIB) Union Budget: Railway infrastructure
Union Budget: Railway infrastructure
Indian Railways has received a record outlay of 1,10,055 crore, of which 1,07,100 crore is for capital expenditure. This was announced in the Union Budget 2021-22.
Indian Railways have prepared a National Rail Plan for India – 2030. The Plan is to create a ‘future ready’ Railway system by 2030.
Western Dedicated Freight Corridor (DFC) and Eastern DFC are expected to be commissioned by June 2022.
The Sonnagar – Gomoh Section (263.7 km) of Eastern DFC will be taken up in PPP mode in 2021-22. Gomoh-Dankuni section of 274.3 km will also be taken up in short succession.
Future dedicated freight corridor projects namely East Coast corridor from Kharagpur to Vijayawada, East-West Corridor from Bhusaval to Kharagpur to Dankuni and North-South corridor from Itarsi to Vijayawada will be undertaken.
100% electrification of Broad-Gauge routes will be completed by December, 2023. Broad Gauge Route Kilometers (RKM) electrified is expected to reach 46,000 RKM i.e., 72% by end of 2021 from 41,548 RKM on 1st Oct 2020.