India’s Cabinet has approved the construction of 6 new railway lines and a bridge to meet passenger and freight needs in various areas of the country. The value of these projects is estimated at Rs 10,700 crore (USD 1.83 billion) and most part of the expenditure will be met through extra budgetary resources.
Indian Railways plan to build 4 more dedicated freight corridors to increase its share in the freight pie and divert loadings from roads to rail.
The proposals include the doubling of a 190 km Hubli-Chickajur broad gauge single railway line. The total estimated expenditure will be Rs 1294.13 crore (USD 222 million). The project is part of an important rail link of passenger trains between Mumbai and Bangalore and goods trains to the ports at Mangalore.
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