Railway Budget 2018: Odisha Places Rs 6,500 Crore Proposal For Rail Infrastructure Development

Railway Budget 2018: Odisha government today placed a demand of Rs 6,500 crore before the Centre for railway infrastructure development in the Railway Budget 2018. The demand includes detailed proposals for ongoing projects, sanctioning of new lines, station modernisation, introduction of new trains, extension of existing trains, improved passenger amenities at stations, on board services, establishment of rail-based industries, multi modal logistic parks and others. “I enclose herewith a detailed proposal of about Rs 6,500 crore for the state of Odisha for your consideration and inclusion in Budget 2018-19,” Chief Minister Naveen Patnaik wrote to Railway Minister Piyush Goyal.

Patnaik said Odisha generates an annual revenue for Indian Railways in excess of Rs 15,000 crore. “Yet the average route length, with density (16) in the state is much less than the national average (20), and even considerably lower in comparison to adjoining states (West Bengal: 43.4 and Jharkhand: 24.3). With its state’s GDP growth rate is almost 20 per cent, higher than the national average, Odisha has been steadily evolving as a major industrial and mineral hub as well as the eastern gateway to the nation owing to the multiple functional ports, he said in the letter. Read More…

Odisha, Railway Budget 2018

Railway Budget 2018: Odisha Places Rs 6,500 Crore Proposal For Rail Infrastructure Development added by Financial Express on January 17, 2018
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