BUSINESS

Six rail projects get nod

he government, a week ahead of the Railway Budget, cleared six proposals for doubling and construction of a third railway line worth Rs 10,793 crore.

The Cabinet Committee on Economic Affairs approved construction of six railways lines and a railway bridge for increased passenger and freight needs. Most part of expenditure will be met through extra budgetary resources, a government press statement. The projects will be built using the Rs 1.5 lakh crore investments by Life Insurance Corporation of India in the Indian Railways.

The projects include doubling of 190 km long Hubli-Chickajur railway line (Karnataka) worth Rs.1,294 crore, 160 km long Ramna-Singrauli railway line (covering Jharkhand, Madhya Pradesh and Uttar Pradesh) worth Rs.2,675 crore and 261 km long Katni-Singrauli railway line (Madhya Pradesh) worth Rs.2,084 crore.

Other projects approved includes construction of a third railway line on 132 long Wardha (Sewagram)-Ballarshah route at the cost of Rs.1,443 crore and a 165 km long line between Anuppur-Katni in Madhya Pradesh worth Rs.1,595 crore.

Construction of an additional bridge and doubling project of Rampur Dumra-Tal-Rajendrapul sector in Bihar was approved by the CCEA at a cost of Rs.1,700 crore.

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