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Explained: How The Eastern Dedicated Freight Corridor Project Is Taking Shape
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Trains With Military Tanks And Equipment Chug Along Dedicated Freight Corridor
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Govt steps for modernisation, expansion of Railways is welcome: Chief Strategy Officer, Tata Projects
February 03, 2021
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The increase in expenditure budget by 34% shows the government’s commitment to ‘Future Ready’ railway
The Budget has, for the first time in decades, undertaken bold steps towards modernisation and expansion of rail network, said Himanshu Chaturvedi, Chief Strategy Officer, Tata Projects.
Indian Railways has been in dire need of investment both in terms of passenger and freight movement.
The increase in expenditure budget of Railways by 34 per cent demonstrates the government’s commitment to ‘Future Ready’ railway. The target of 100 per cent railway electrification will ensure not only faster trains but also pollution-free environment, he said.
New Delhi/Mumbai [India], February 2 (ANI/PRNewswire): Indian Railways has been in dire need of investment - both in terms of passenger and freight movement. For the first time in decades, the Union Budget not only recognizes this - in fact the Finance Minister has taken bold steps towards modernization and expansion of rail network.
The increase in the expenditure budget of railways by 34 per cent demonstrates the Government s commitment to Future Ready railway. With a target of 100 per cent railway electrification - India shall not only have faster trains but also reduce air pollution.
DFCC s Tundla Junction
The Budget rightly acknowledges that bringing down the logistic costs and transport time for industry should be at the core of a governmental strategy to enable Make in India . This is only possible with a robust and modern freight network.
Transforming Railways will Transform India
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