Latest news with #NationalMasterPlan
Time of India
6 days ago
- Business
- Time of India
Wardha-Ballarshah 4th line approved to fast track rly connectivity in Vidarbha
Nagpur: The Cabinet Committee on Economic Affairs (CCEA), led by Prime Minister Narendra Modi, on Wednesday approved two major railway multi-tracking projects in Maharashtra and Madhya Pradesh, with a combined investment of Rs3,399 crore. Part of the PM Gati Shakti National Master Plan, the projects aim to strengthen rail infrastructure and improve connectivity across four districts by the financial year 2029-30. The approved projects include the third and fourth lines between Ratlam and Nagda in Madhya Pradesh, and the fourth line between Wardha and Ballarshah in Maharashtra. The new railway lines are expected to enhance capacity, reduce congestion and enable faster movement of freight and passengers along critical routes. Maharashtra chief minister Devendra Fadnavis welcomed the Centre's decision, thanking Prime Minister Modi and Union minister for railways Ashwini Vaishnaw. He called it a major step for Vidarbha's development. "Under PM Gati Shakti's plan, these new railway lines will enable faster transport of coal, cement, gypsum, fly ash, containers, agricultural goods and petroleum products. It will lead to improved travel convenience, a reduction in logistics costs, lower crude oil imports, and a decrease in carbon dioxide emissions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bolsas nos olhos? (Tente isso hoje à noite) Revista Saúde & Beleza Saiba Mais Undo This initiative will boost sustainable and efficient railway transportation in the region," he said. According to a statement from the Press Information Bureau, these multi-tracking projects are designed to expand the capacity of Indian Railways and cater to the growing demands of both passenger and freight transport. They will link approximately 784 villages, impacting nearly 19.74 lakh people. Officials highlight that the increased line capacity will help streamline rail operations and facilitate faster and more efficient transportation of essential commodities. The projects are expected to handle an additional freight traffic of about 18.40 million tonnes per annum (MTPA). This will also help alleviate congestion along heavily used routes and optimise supply chains. The projects are also projected to generate around 74 lakh human-days of direct employment during the construction phase. This is seen as a vital step in driving socio-economic development in the region, providing job opportunities and supporting livelihoods. Officials say the integrated approach under the PM Gati Shakti National Master Plan reflects the govt's commitment to coordinated implementation and seamless connectivity across the country. # PM Gati Shakti Boost Total investment: Rs3,399 crore Total length: 176 km Districts covered: 4 districts in Maharashtra and Madhya Pradesh Target: FY 2029–30 # Project in Maharashtra # Wardha-Ballarshah Lines: 4th railway line Purpose: Enhance capacity and connectivity, enabling faster movement of coal, cement, and other key goods # Project in MP Ratlam–Nagda Lines: 3rd & 4th railway lines Purpose: Decongest routes and streamline transport of goods and passengers # Economic & social benefits Employment generation: 74 lakh human-days of direct jobs during construction Freight capacity increase: Additional 18.40 million tonnes per annum Impact on Rural Areas: 784 villages to be connected, benefiting nearly 19.74 lakh people Reduced crude oil imports: Less dependency on imports through efficient rail transport # Key commodities Moved Coal, cement, clinker, gypsum, fly ash, containers, agricultural goods, petroleum products # Environmental impact Lower CO2 emissions: Decreased carbon footprint with enhanced rail capacity Sustainable Rail Transport: Aligned with PM Gati Shakti National Master Plan for green, efficient logistics QUOTE This initiative will lead to improved travel convenience, a reduction in logistics costs, lower crude oil imports, and a decrease in carbon dioxide emissions. It will boost sustainable and efficient railway transportation in the region. Devendra Fadnavis | Maharashtra CM
Time of India
6 days ago
- Business
- Time of India
Cabinet approves Rs. 3,399 crore worth rail projects to boost connectivity in Maharashtra and Madhya Pradesh
Representative image The Cabinet Committee on Economic Affairs (CCEA), under Prime Minister Narendra Modi 's chairmanship, has sanctioned two significant railway multitracking projects in Maharashtra and Madhya Pradesh. These infrastructure developments, estimated at Rs 3,399 crore, are scheduled for completion in 2029-30. The sanctioned initiatives comprise: Ratlam-Nagda 3rd and 4th railway lines Wardha-Balharshah 4th railway line The projects will add 176 kilometres to Indian Railways ' network, serving four districts across both states and connecting approximately 784 villages with a total population of 19.74 lakh. These initiatives are integrated into the 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," according to the PIB press release. Official projections indicate the additional tracks will increase Railways' freight capacity by 18.40 MTPA, handling essential goods including coal, cement, fly ash, clinker, gypsum, petroleum products, agricultural produce, and containers. This expansion will reduce congestion, improve service reliability, and enhance operational efficiency. The environmental impact assessment suggests substantial sustainability gains. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo Railway transport expansion will reduce oil imports by 20 crore litres and decrease carbon dioxide emissions by 99 crore kilograms, comparable to the environmental benefit of 4 crore trees. The construction activities are expected to create 74 lakh human-days of direct employment. Additional indirect employment opportunities and self-employment prospects are anticipated through regional economic development. ". The projects are in line with the 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," stated the CCEA press release. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
NDTV
30-04-2025
- Business
- NDTV
Cabinet Nod To Shillong-Silchar Highway Project Worth Rs 22,864 Crore
New Delhi: The Union Cabinet on Wednesday approved the development of a 166.80 km greenfield high-speed corridor from Mawlyngkhung in Meghalaya to Panchgram in Assam on hybrid annuity mode at a total cost of Rs 22,864 crore. According to an official statement, the project length of 166.80 km (NH-6) lies in Meghalaya (144.80 km) and Assam (22 km). "The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the proposal for the development, maintenance and management of four-lane greenfield access-controlled 166.80 km of National Highway No 06 from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on hybrid annuity a total capital cost of Rs 22,864 crore," it added. The proposed greenfield high-speed corridor will improve the service level for the traffic moving between Guwahati to Silchar, it noted. "The development of this corridor will improve the connectivity to Tripura, Mizoram, Manipur and the Barak Valley region of Assam from mainland and Guwahati with substantially reduced travel distance and travel time," it said, adding that this will, in turn, contribute to the enhancement of logistics efficiency of the nation. The corridor will improve connectivity between Assam and Meghalaya and spur economic development, including the development of industries in Meghalaya, as it passes through the cement and coal production areas of Meghalaya. As per the statement, this corridor will cater to the national and international tourists coming from well-connected Guwahati Airport, Shillong Airport, and Silchar Airport (via existing NH-06), connecting Guwahati to Silchar. This would connect scenic places of tourist attraction in the Northeast and promote tourism. This critical infrastructure project will improve inter-city connectivity between Guwahati, Shillong and Silchar, traversing through Ri Bhoi, East Khasi Hills, West Jaintia Hills, East Jaintia Hills in Meghalaya and Cachar district in Assam and reduce congestion on existing NH-06 and enhance transport infrastructure development in line with the PM Gati Shakti National Master Plan. The statement said that upon completion, the Shillong - Silchar Corridor will play a pivotal role in regional economic growth, improving connectivity between Guwahati, Shillong, Silchar, Imphal, Aizawl and Agartala. The project aligns with the government's vision of Atmanirbhar Bharat, enhancing infrastructure while generating employment and fostering socio-economic development in Meghalaya, Assam, Manipur, Mizoram and Tripura, it added.
