South Central Railway gets 42% hike in infrastructure allocation

HYDERABAD: South Central Railway (SCR) has got a substantial budgetary allocation of Rs 3,034 crore for infrastructure development in Union Budget for 2017-18 with special emphasis on enhancing safety measures, a senior official said today.

Addressing a press conference here, SCR General Manager Vinod Kumar Yadav said the division has been allotted an amount of Rs 3,034 crore for 2017-18 as against Rs 2,134 crore in 2016-17, which is 42 per cent more.

"For new lines, the budgetary grant is Rs 887 crore as against Rs 760 crore for 2016-17, up 17 per cent. For doubling works, the budgetary grant is Rs 436 crore as against Rs 172.6 crore for 2016-17 which is 153 per cent more," Yadav said.

For traffic facilities, the budgetary grant is Rs 96.1 crore as against Rs 75 crore for 2016-17, a hike of 28 per cent. For passenger amenities, the budgetary grant is Rs 67.8 crore as against Rs 65.6 crore for 2016-17, he said.

As part of capital investment programme, a new rail work between Armoor-Adilabad via Nirmal in Telangana for a length of 220km at a cost of Rs 2,800 crore has been sanctioned as part of a joint venture (JV) with the State Government, Yadav said.

The Vijayawada-Amaravathi-Guntur new line (106km) project in Andhra Pradesh has been sanctioned at a cost of Rs 2,680 crore, the SCR official said.

This year special emphasis has been given towards safety. For Road over/under bridges (road safety works), the budgetary grant is Rs 325.4 crore, as against Rs. 155.8 crore for 2016-17, which is 109 per cent more, Yadav said.

For track renewals, the budgetary grant is Rs 604.7 crore as against Rs. 435.3 crore for 2016-17, an increase of 39 per cent, he added.
Stay on top of business news with The Economic Times App. Download it Now!
DON'T MISSany stories, follow us on TwitterFollow
FROM AROUND THE WEB

Promote content on Times of India network

Colombia

Forget 4%, now earn 8.65%* on your savings

Fundsindia

Contribute Rs 800 to transform a child's life

World Vision

MORE FROM ECONOMIC TIMES

Scooter's back, with new hero on road

Infosys 'releases' 9,000 employees due to automation

Real Estate

From Around the WebMore from The Economic Times

Watch TV without straining your eyes!

Dish TV

Mastery in every detail. The all-new MINI Clubman

MINI Clubman

Want to know how to invest your idle cash?

Birla Sunlife Mutual Fund

Simple way to bond with your 2-12 yrs old kid

Magic Crate

Moving to clean up the system, bring in transparency

Nation & World

Pathbreaking - ISRO aims at a world record next month

Mutual funds invest Rs 27,000 cr in debt market