To fast-track creation of a robust infrastructure, the government has sanctioned plans for doubling and tripling of 16,500 km of railway tracks in the next few years as against only 22,000 km since Independence, Union Minister Suresh Prabhu said recently that it has decided to create an infrastructure at a much faster pace by doubling and tripling km coverage. Railway is investing in infrastructure to create seamless movement of traffic so that GST becomes a game changer wherein goods are moved without hassle. Only 42% of electrification has been made so far which will double in next five years as India is on the cusp of a logistics revolution. The Railways plans to save about Rs.41,000 crore in energy bills of which, it has already saved about 10% and this will result in creating a good logistic backbone for India which will help it do much better business as logistics is the key to success of industrialization.
📅Published on:
21 July 2017
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