SECR secures ₹1,795-cr budget booster

SECR
The Union finance minister has allocated ₹1,795 crore in the Budget for the Central Railway and South East Central Railway (SECR). Adequate fund allocation has been made for capacity expansion on trunk lines of Nagpur-Sewagram (₹193 crores for third & fourth lines), Wardha-Ballarshah (₹146 crore for third & fourth line), Nagpur-Itarsi (₹261 crores for the third line) and Nagpur-Rajnandgaon (₹450 crores for the third line). Carrying capacity of all these routes has reached a saturation point. The fund allocation will help complete these congested routes faster. Work on Nagpur-Rajnandgaon is progressing well and an additional ₹450 crore will keep the momentum going. The Bhusawal-Wardha third line project has also been sanctioned but got a nominal allocation this year. For, Wardha-Nanded railway line a significant sum of ₹340 crores has been allocated. However, the major chunk of this fund will come from external borrowings. Gauge conversion works on Nagpur-Chhindwara-Mandla Fort and Gondia-Balaghat lines have been provided ₹296 crores for further completion.
📅 Published on: 05 February 2021
🔗 Share:
We Value Your Comment
How useful is this information?

NBM Media

30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.