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1 as per International Monetary Fund October 2019, World Economic Outlook, will likely emerge as the second largest after China by 2030
2. The present day pandemic may have impeded the race to this milestone, but not stopped it. Conjoined with one of the youngest demographics and a burgeoning middle class society, this race puts India’s high-octane growth through several challenges, volatile business environment being one. The intense pressure of urbanization is another. With India planning to scale up and surge ahead on the economic front, greater emphasis should and, is be
The eastern and the western dedicated freight corridors are being seen as a game-changer for India and will help in the development of new growth centres in different parts of the country, said Prime Minister Narendra Modi on Thursday. The eastern and the western dedicated freight corridors are being seen as a game-changer for India. It will help in the development of new growth centres in different parts of the country. It will work as the source of development for many parts of the nation, the Prime Minister said while inaugurating the 306 kilometres long Rewari-Madar section of the Western Dedicated Freight Corridor (WDFC).
Freight corridors will help in development of new growth centres in India: PM Modi
PM Modi also flagged off the Double Stack Long Haul container train on electric traction from New Ateli-New Kishangarh during the virtual event. PM Modi inaugurates Rewari-Madar Section of the Western Dedicated Freight Corridor (PTI Photo)
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Updated: Jan 7, 2021, 12:57 PM IST
The eastern and the western dedicated freight corridors are being seen as a game-changer for India and will help in the development of new growth centres in different parts of the country, said Prime Minister Narendra Modi on Thursday. The eastern and the western dedicated freight corridors are being seen as a game-changer for India. It will help in the development of new growth centres in different parts of the country. It will work as the source of development for many parts of the nation, the Prime Minister said while inaugurating the 306 kilometres long Rewari-Madar section of the West
He also launched the 306-km Rewari-Madar section of the Western dedicated freight corridor (DFC). Modi said that since the launch of the New Bhaupur-New Khurja section of the DFC, the average speed of freight trains has tripled in that section. One train carries 360 10-feet container equivalent units (TEU), which is equivalent to 270 high capacity trailer trucks, a rail ministry statement said. The corridor is expected to boost farming and allied businesses in Haryana and Rajasthan and impart new energy into cities like Mahendragarh, Jaipur, Ajmer and Sikar. The PM also highlighted the investment in broad gauge and electrification, which has helped increase the speed of trains. He spoke of semi-high-speed trains and modern technology for laying down the tracks, and expressed hope that every northeastern state capital will soon be connected with railways.
The Railways’ dedicated freight corridors: Thrice as fast, twice the load
The Railways’ dedicated freight corridors: Thrice as fast, twice the load | India Today Insight
The new Eastern and Western freight corridors are critical for India, which still carries 57 per cent of its freight using the more expensive road transport
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UPDATED: December 31, 2020 19:53 IST
Prime Minister Narendra Modi inaugurates the New Bhaupur - New Khurja section of Eastern Dedicated Freight Corridor (EDFC) on December 29, via video conferencing (ANI)
On December 29, Prime Minister Narendra Modi inaugurated the New Bhaupur-New Khurja section of the Eastern Dedicated Freight Corridor (DFC) in Uttar Pradesh a 351-km section, built at a cost of Rs 5,750 crore. The full stretch of the Eastern DFC will run from Ludhiana to Kolkata, covering a total of 1,800 km, and is expected to be operational by next year.