Railway’s capex for FY18-19 pegged at Rs1,48,528 cr; First modern train-sets to be commissioned during FY18-19

Finance Minister has informed that 90 kilometers of double line tracks are being added to Mumbai’s transport system at a cost of over Rs11,000cr.

Feb 01, 2018 10:02 IST India Infoline News Service

Moving Indian Railway
In keeping with government’s focus on strengthening the Railways network in the country, General Budget 2018-19 has enhanced the allocation for the ministry. FM Arun Jaitley said that Railways’ capex for the year 2018-19 has been pegged at Rs1,48,528cr. A large part of this will be devoted to capacity creation. Nearly 18,000 kilometers of doubling, third and fourth line works and 5,000 kilometers of gauge conversion would augment capacity and transform almost the entire network into broad gauge.

Jaitley also said that 4,000 kilometers of railway network are to be commissioned for electrification during 2017-18.

The Finance Minister, Jaitley announced that 12,000 wagons, 5,160 coaches and approximately 700 locomotives are being procured during 2018-19, and the work on Eastern and Western dedicated Freight Corridors is in full swing.  A major programme has been initiated to strengthen infrastructure at the Goods sheds and fast track commissioning of private sidings.

Jaitley has assured that adequate funds will be available under Rashtriya Rail Sanraksha Kosh. Over 3,600 kms of track renewal is targeted during 2018-19. There will be increasing use of technology like ‘‘Fog Safe’’ and ‘‘Train Protection and Warning System’’. As many as 4,267 unmanned level crossings in the broad gauge network will be eliminated in the next two years.

Modern train-sets with the state-of-the-art amenities and features are being designed at Integrated Coach Factory, Perambur. First such train-set will be commissioned during 2018-19. Redevelopment of 600 major railway stations is being taken up by Indian Railway Station Development Co. Ltd.  All stations with more than 25,000 footfalls will have escalators. All railway stations and trains will be progressively provided with wi-fi. CCTVs will be provided at all stations and on trains to enhance security of passengers.

The Finance Minister has informed that 90 kilometers of double line tracks are being added to Mumbai’s transport system at a cost of over Rs11,000cr. 150 kilometers of additional suburban network is being planned at a cost of over Rs40,000cr, including elevated corridors on some sections. In Bengaluru, a suburban network of approximately 160 kilometers at an estimated cost of Rs17,000cr is being planned to cater to the growth of the metropolis.

Foundation for the Mumbai-Ahmedabad bullet train project, India’s first high speed rail project was laid on September 14, 2017. An Institute is coming up at Vadodara to train manpower required for high speed rail projects.

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