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New Indian Express
01-08-2025
- Business
- New Indian Express
Cabinet approves six major projects, including 4 for strengthening rly link
In another decision, the Union Cabinet approved aid of Rs 2,000 to the NCDC over four years in Rs 500 crore tranches, beginning from the 2025-26 fiscal year, Vaishnaw said. According to officials, the NCDC will now be able to raise Rs 20,000 crore from the open market over these four years, which will be placed for granting loans to cooperative societies to set up new projects or carry out expansion plans. 'The government aims to benefit 2.9 crore members of 13,288 cooperative societies in various sectors,' the minister said, adding, the NCDC fund also aims to create income-generating capital assets, expected to boost employment opportunities across skill levels. Meanwhile, the CCEA has approved four railway multi-tracking projects covering 13 districts in Maharashtra, MP, West Bengal, Bihar, Odisha and Jharkhand, increasing the existing network by about 574 km at a cost Rs 11,168 crore. 'These projects include the Itarsi-Nagpur 4th Line, Aurangabad (Chhatrapati Sambhajinagar) - Parbhani doubling, Aluabari Road-New Jalpaiguri 3rd and 4th Line, and Dangoaposi-Jaroli 3rd and 4th Line. All these projects will be completed by 2028-29,' Vaishnaw said. Streamline Operations, Alleviate Congestion Four multi-tracking projects for railways get Cabinet nod Itarsi-Nagpur 4th line Aluabari Road-New Jalpaiguri 3rd and 4th Lines Chhtrapati Sambhajinagar- Parbhani line doubling Dangoaposi-Jaroli 3rd and 4th lines Projects to generate direct employment for about 229 lakh man-days during construction Enhance connectivity to approximately 2,309 villages, with population of about 43.60 lakh


Time of India
31-07-2025
- Business
- Time of India
Cabinet okays additional lines between Aluabari Road, New Jalpaiguri to boost connectivity in North East
Guwahati: The Union Cabinet has approved the 3rd and 4th railway line between Aluabari Road and New Jalpaiguri which marks a significant milestone in enhancing rail connectivity in the Northeastern region of India. Spanning a total length of 57 kilometres, under the jurisdiction of Northeast Frontier Railway , the project is approved at an estimated cost of approximately Rs. 1,786 crores. This project aims to address the growing demand for transportation infrastructure in one of the country's most vital regions. Explore courses from Top Institutes in Please select course: Select a Course Category Cybersecurity Management Operations Management Healthcare MBA Design Thinking Data Science Technology Project Management MCA Leadership Finance Data Science Data Analytics CXO Degree others Digital Marketing PGDM Public Policy Product Management Artificial Intelligence healthcare Others Skills you'll gain: Duration: 10 Months MIT xPRO CERT-MIT xPRO PGC in Cybersecurity Starts on undefined Get Details By introducing additional tracks, it will reduce congestion, allowing for more efficient and faster movement of both passenger and freight trains, thus cutting travel times and improving the overall reliability of services. The increased rail capacity will not only ease the burden on the existing infrastructure but will also facilitate the transportation of goods such as tea, timber and agricultural products, thus boosting the local and regional economy. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Neuropathy is not from Low vitamin B. Meet the Real Enemy of Neuropathy (Stop Doing This) Health Insight Journal Learn More Undo This project is part of the Delhi – Guwahati High Density Network route and holds strategic importance due to its proximity to the international borders with Bhutan, Bangladesh and Nepal, providing vital access to these neighbouring regions. It passes through districts in Bihar (Kishanganj) and West Bengal (Jalpaiguri, Darjeeling and Uttar Dinajpur), serving as a crucial link for both passenger and freight transport. The infrastructure development will include 7 stations, 99 bridges and the construction of 3 Road Over Bridges and 8 Road Under Bridges. The project aims to facilitate the movement of 21.6 million tons of additional cargo, leading to a savings of Rs 2,551 crore in logistics costs. It will also contribute significantly to fuel conservation by saving 2.14 crore litres of diesel every year. In the broader context, the Aluabari Road – New Jalpaiguri 3rd and 4th Line project is poised to not only strengthen transportation infrastructure but also act as a catalyst for economic growth, regional integration and enhanced quality of life in the Northeast. This project will enhance the overall efficiency of the transportation network across Bihar, West Bengal and the Northeast, easing congestion on this crucial corridor that serves as a vital gateway between the eastern and NE region of India. Live Events