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1.Rs.24.10 bn for Tamil Nadu railway projects in 2019-20

More than Rs.24.10 bn has been reportedly allotted towards railway infrastructure projects and safety works in 2019-2020 for Tamil Nadu. In total, 27 different projects worth Rs.188.55 bn are in different stages of planning, sanction and execution now in the state.


2.Railways to invest over Rs 10 tn in the next 5 years

100 % FDI in railway is a significant policy shift to adopt global best practices.


3.We have invested in four projects with a total equity investment of Rs 2.05 bn

Incorporated in 2016, the Sagarmala Development Company Ltd (SDCL), which is under the administrative control of the Ministry of Shipping, focuses on providing equity investments for projects across road, rail, logistics and port infrastructure as part of the Sagarmala programme


4.Imports of lower priced steel will have impact on cost and quality of steel

The domestic steel consumption growth is expected to grow by 7 per cent during this fiscal and the trend is likely to continue in the next financial year as well, says an ICRA report.


5.JSPL wins part of Rs.25 bn Railways tender

Jindal Steel & Power has bagged the first ever global tender for supply of rails by the Indian Railways worth Rs 25 bn.


6.Kalpataru Power bags Rs.11.45 bn orders

Kalpataru Power Transmission has bagged orders worth Rs 11.45 bn for setting up electricity transmission and railway infrastructure projects.


7.Foundation stone laid for railway projects in Gujarat

Railway Minister Suresh Prabhu laid the foundation stone for several projects in Gujarat. These projects include gauge conversion of Dhasa-Jetalsar section of Bhavnagar division of Western Railways, construction of 35 roads under bridges across Gujarat and infrastructure facilities for BCNHL wagons.


8.Elevated corridors for Mumbai local trains announced

The Union Railway Ministry has announced a collaboration between the Centre and the Maharashtra Government for several projects, including elevated corridors between Chhatrapati Shivaji Terminus (CST) and Panvel and Churchgate and Virar in the city.


9.Railways to connect all North East capitals

The Indian Railways aims to connect all state capitals of the North-East states through a train network. Projects worth Rs 47,909 crore have been taken up in Assam and the North-East region to improve Railway infrastructure.


10.Rs.1,000 cr proposed for North East

The Railway Ministry has allocated Rs 5,116 crore for projects in the northeastern region. Also the finance ministry has proposed an extra Rs 1,000 crore to build railway infrastructure in the North Eastern region. This sum is over and above the funds allocated in the Railway Budget.


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