logo
Cabinet clears two railway projects worth Rs 6,405 crore in Jharkhand, Karnataka & Andhra Pradesh

Cabinet clears two railway projects worth Rs 6,405 crore in Jharkhand, Karnataka & Andhra Pradesh

Koderma–Barkakana line
Live Events
Ballari–Chikjajur doubling
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
In a boost to railway infrastructure and regional connectivity , the PM Modi-led Cabinet on Wednesday approved two multitracking projects — the Koderma–Barkakana doubling in Jharkhand and the Ballari–Chikjajur doubling in Karnataka and Andhra Pradesh. According to Union Minister Ashwini Vaishnaw, the work will be completed within the next three years.Together, the plan will expand the Indian Railways network by 318 km, at a total estimated cost of Rs 6,405 crore.Both lines are critical for passenger and freight movement and will significantly reduce carbon emissions while enhancing operational efficiency. "Both projects are crucial for improving connectivity and boosting the economy, benefiting both tribal communities and the general population," said the union minister during a press conference.The Koderma–Barkakana (Arigada) doubling project, spanning 133 km, has been approved at a cost of Rs 3,063 crore. This line forms the shortest rail connection between Patna and Ranchi and is vital for intercity travel and logistics, according to a government presentation by Vaishnaw.The route passes through four districts in Jharkhand — Koderma, Chatra, Hazaribagh and Ramgarh — and will directly benefit 938 villages and a population of around 15 lakh. The scheme includes construction of 17 major bridges, 180 minor bridges, 42 Road Over Bridges (ROBs), and 13 Road Under Bridges (RUBs), reflecting significant infrastructure enhancement.Once operational, it is expected to handle an additional 30.4 million tonnes of cargo annually.It is also expected to save 163 crore kilograms of CO₂ emissions and 32 crore litres of diesel per year — an environmental benefit equivalent to planting seven crore trees, said Vaishnaw.Meanwhile, the second project, the Ballari–Chikjajur doubling, covers a 185 km stretch and has been cleared at an estimated cost of Rs 3,342 crore. This line connects Mangalore Port to Secunderabad and is critical for moving key commodities such as iron ore, coking coal, steel, fertilizers, petroleum products and foodgrains.The venture will enhance connectivity for Ballari and Chitradurga districts in Karnataka and Ananthpur district in Andhra Pradesh. With 19 stations, 29 major bridges, 230 minor bridges, 21 ROBs and 85 RUBs, the line will offer modernised infrastructure to support freight movement.The Ballari-Chikjajur doubling is likely to benefit around 13 lakh people across 470 villages and facilitate an additional 18.9 million tonnes of cargo annually.Like its Jharkhand counterpart, according to the union minister, this line promises significant environmental gains — reducing carbon emissions by 101 crore kilograms and saving 20 crore litres of diesel annually, equivalent to planting four crore trees.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Union government's transfer of funds to TN is higher than the State's revenue generated for the Centre, says Annamalai
Union government's transfer of funds to TN is higher than the State's revenue generated for the Centre, says Annamalai

The Hindu

time27 minutes ago

  • The Hindu

Union government's transfer of funds to TN is higher than the State's revenue generated for the Centre, says Annamalai

For every rupee paid by Tamil Nadu to the Union government through the Central GST and Income and Corporate Taxes, the Centre has given the State the same amount through devolution of funds, grant in aid, subsidies, and funds for projects such as roads and airports, contended K. Annamalai, former BJP State president on Thursday. He told journalists in Coimbatore that in 2021-2022, the CGST and Income and Corporate Tax paid by Tamil Nadu was ₹1,10,453 crore and in FY 23, it was ₹1,34,425 crore. In the 2021-2022 fiscal, the Centre gave the State ₹72,510 crore and in 2022-2023, ₹76,465 crore through devolution of funds and grant-in-aid. In 2021-2022, as an instance, the Centre also gave ₹30,456 crore as subsidies (food, fertilizer, etc) apart from funds for projects such as roads and airports. 'So, for every ₹1 paid to the Central government by the State, ₹1 was given back,' he claimed. In the last four years, Tamil Nadu paid the Centre ₹4,36,136 crore and the total transfer to the State by the Centre was ₹5,47,380 crore. Further, the Tamil Nadu government has launched schemes similar to the Vishwakarma scheme and the Janaushadhi schemes of the Union government. But, there are very few beneficiaries registered for the credit-linked subsidy scheme for artisans (Kalaignar Kaivinai Thittam) and the government should share the number of beneficiaries registered for it so far. Similarly, in the case of Mudhalvar Marundhagam, the State government is trying to procure medicine from the Centre and thus blocking the medicines to be supplied to the Janaushadhi outlets in the State, he claimed. Mr. Annamalai said there will be a day when there will be a political change in Tamil Nadu. 'It is inevitable and I am waiting for it,' he said. On the Anna University case, he said he welcomed the defamation case filed by former PRO of Anna University and will not apologise as demanded by him. There should be a CBI inquiry into the case, he said.

'Aviation Department Is Investigating': Amit Shah On Ahmedabad Plane Crash
'Aviation Department Is Investigating': Amit Shah On Ahmedabad Plane Crash

News18

time28 minutes ago

  • News18

'Aviation Department Is Investigating': Amit Shah On Ahmedabad Plane Crash

Last Updated: Ahmedabad Plane Crash: Amit Shah visited the Civil Hospital in Asarwa, Ahmedabad, on Thursday evening to meet the injured. Union Home Minister Amit Shah said the entire country is in a state of mourning following the tragic crash of Air India Flight AI171 in Ahmedabad. Expressing deep sorrow over the devastating loss of lives, Amit Shah assured that the government stands firmly with the families of the deceased, offering full support during this hour of unimaginable grief. Amit Shah added that DNA sampling is currently underway and only after that process will authorities be able to formally identify all the deceased passengers. Amit Shah Visits Injured In Ahmedabad Hospital In the aftermath of the catastrophic Air India Flight AI171 crash, Amit Shah visited the Civil Hospital in Asarwa, Ahmedabad, on Thursday evening to meet the injured and assess the emergency response on the ground. The minister's visit came hours after the tragic accident that claimed the lives of over 200 people and left dozens injured. Amit Shah's High-Level Meeting After Ahmedabad Crash During his visit, Amit Shah also held a high-level meeting with senior officials from the Civil Aviation Ministry, the Ministry of Home Affairs and the Gujarat Government to coordinate rescue, medical response and investigation efforts. Earlier in the day, Amit Shah wrote in a post on X (formerly Twitter), saying he was 'pained beyond words by the tragic plane crash in Ahmedabad." Amit Shah added that disaster response forces had been swiftly deployed to the site and that he had spoken with Gujarat Chief Minister Bhupendra Patel, State Home Minister Harsh Sanghavi and the Ahmedabad Police Commissioner to take stock of the situation and coordinate emergency efforts on the ground. Ahmedabad Plane Crash The Boeing 787 Dreamliner, en route to London Gatwick, crashed just minutes after takeoff from Sardar Vallabhbhai Patel International Airport, plummeting into a doctors' hostel near a medical college. The impact triggered a massive explosion, killing passengers, crew members and several people on the ground. As of Thursday night, over 200 bodies have been recovered and DNA testing is underway to help identify the victims. About the Author Mallika Soni When not reading, this ex-literature student can be found searching for an answer to the question, "What is the purpose of journalism in society?" First Published: June 12, 2025, 21:46 IST

Oswal Pumps raises Rs 416 crore from anchor investors ahead of IPO
Oswal Pumps raises Rs 416 crore from anchor investors ahead of IPO

Economic Times

time31 minutes ago

  • Economic Times

Oswal Pumps raises Rs 416 crore from anchor investors ahead of IPO

Oswal Pumps has raised Rs 416.20 crore from anchor investors, marking a strong start ahead of its initial public offering (IPO) which opens for public subscription on Friday. The company informed the exchanges that it allotted 67,78,533 equity shares at Rs 614 per share to anchor investors on Thursday. ADVERTISEMENT The anchor book saw participation from a mix of global and domestic institutional investors. Notable names include Societe Generale, BNP Paribas, Smallcap World Fund Inc, ICICI Prudential, Aditya Birla Sun Life, Kotak Mahindra Mutual Fund, Quant Mutual Fund, Amundi Funds, 360 One, Motilal Oswal Mutual Fund, Bandhan Small Cap Fund, Edelweiss Mutual Fund, Troo Capital, Nuvama Mutual Fund, Sundaram Mutual Fund, Edelweiss Life Insurance, and Mahindra Manulife. Of the total anchor allotment, 29.62 lakh equity shares — around 43.7% of the anchor book — were allocated to 11 domestic mutual funds across 15 schemes, reflecting healthy domestic interest. Oswal Pumps' IPO, scheduled to run from June 13 to June 17, comprises a fresh issue of shares worth Rs 890 crore and an offer for sale of 81 lakh equity shares by promoter Vivek Gupta. At the upper end of the price band — Rs 584 to Rs 614 per share — the issue size is expected to fetch Rs 1,387.34 can place bids in lots of 24 equity shares and in multiples thereafter. The IPO is being made via the book-building process with up to 50% reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 35% for retail investors. IIFL Capital, Axis Capital, CLSA India, JM Financial, and Nuvama Wealth Management are the book-running lead managers to the issue, while MUFG Intime India is the registrar. (You can now subscribe to our ETMarkets WhatsApp channel)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store