The Railway Board has approved the Jolarpet Krishnagiri-Hosur railway line and sanctioned ₹2.45 crore for the preparation of a detailed project report which is to be completed in three to four months. This was the first time in the past 70 years that the Railway Board had approved the project that was repeatedly dismissed as financially unviable. The Union Railway Minister has also promised budgetary allocation for the project in the current fiscal itself. The railway line that existed until the 1940s was dismantled and in the past seven decades multiple surveys were carried out with every survey declaring the project’s Rate of Return (ROR) as negative and hence unviable.
