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India Gazette
6 days ago
- Business
- India Gazette
Govt clears Rs 3,399 Crore Railway projects in Maharashtra, MP to enhance connectivity
New Delhi [India], May 28 (ANI): The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has given the green light to two major railway projects in Maharashtra and Madhya Pradesh. The projects involve setting up additional lines between Ratlam-Nagda and Wardha-Balharshah, aiming to enhance connectivity and facilitate seamless transportation of passengers and goods. The estimated cost of the project is Rs 3,399 crore, with an expected completion date of 2029-30. The projects will span across 176 km, covering four districts in Maharashtra and Madhya Pradesh, and enhancing connectivity to approximately 784 villages with a population of 19.74 lakh.'The projects are the result of the PM-Gati Shakti National Master Plan for multi-modal connectivity, which has been made possible through integrated planning and will provide seamless connectivity for the movement of people, goods and services,' the cabinet said in a release. The capacity augmentation works will result in additional freight traffic of 18.40 MTPA, optimizing supply chains and facilitating accelerated economic release further added that, 'These are essential routes for transportation of commodities such as coal, cement, clinker, gypsum, fly ash, containers, agriculture commodities, and Petroleum products etc. The capacity augmentation works will result in additional freight traffic of magnitude 18.40 MTPA (Million Tonnes Per Annum).'The project is expected to generate 74 lakh human-days of employment during construction. The improved rail connectivity is expected to reduce logistic costs, decrease oil imports, and contribute to lower CO2 emissions, supporting sustainable and efficient rail project aims to, 'improve travel convenience, reduce logistic cost, decrease oil imports and contribute to lower CO2 emissions, supporting sustainable and efficient rail operations.,' and 'these improvements are expected to optimize supply chains, thereby facilitating accelerated economic growth.''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,' according to the release. (ANI)
Time of India
7 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
