Cabinet Committee on Economic Affairs (CCEA)
Cabinet approves two new lines and one multi-tracking project across Indian Railways: To provide connectivity, facilitate ease of travelling, minimize logistics cost, reduce oil imports and lower CO2 emissions
The total estimated cost of the projects is Rs 6,456 crore(approx.) and will be completed upto 2028-29
The projects will also generate direct employment for about 114 (One Hundred and Fourteen) lakh man-days during construction
Posted On:
28 AUG 2024 3:24PM by PIB Delhi
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved 3 (Three) projects of Ministry of Railways with total estimated cost of Rs. 6,456 Crore (approx.).
The approved projects will improve logistical efficiency by connecting the unconnected areas, increase the existing line capacity and enhancing transportation networks, resulting in streamlined supply chains and accelerated economic growth.
The new line proposals will provide direct connectivity and improve mobility, providing enhanced efficiency and service reliability for Indian Railways. The multi-tracking proposal will ease operations and reduce congestion, providing the much-required infrastructural development on the busiest sections across Indian Railways. 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.
The projects are result of PM-Gati Shakti National Master Plan for multi-modal connectivity which have been possible through integrated planning and will provide seamless connectivity for movement of people, goods and services.
The 3 (Three) projects covering 7 Districts in 4 States i.e., Odisha, Jharkhand, West Bengal and Chhattisgarh will increase the existing network of Indian Railways by about 300 Kms.
With these projects 14 New Stations will be constructed, providing enhancing connectivity to 2 (Two) Aspirational Districts (Nuapada and East Singhbum). New Line projects will provide connectivity to approx. 1,300 villages and about 11 Lakh population. Multi-tracking project will enhance connectivity to approx. 1,300 villages and about 19 lakh population.
These are essential routes for transportation of commodities such as agriculture products, fertilizer, coal, iron ore, steel, cement, limestone etc. The capacity augmentation works will result in additional freight traffic of magnitude 45 MTPA (Million Tonnes Per Annum). The Railways being environment friendly and energy efficient mode of transportation, will help both in achieving climate goals and minimizing logistics cost of the country, reduce oil import (10 Crore Litres) and lower CO2 emissions (240 Crore Kg) which is equivalent to plantation of 9.7 Crore trees.
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(Release ID: 2049315)
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