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Govt steps for modernisation, expansion of Railways is welcome: Chief Strategy Officer, Tata Projects


Govt steps for modernisation, expansion of Railways is welcome: Chief Strategy Officer, Tata Projects
February 03, 2021
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The increase in expenditure budget by 34% shows the government’s commitment to ‘Future Ready’ railway
The Budget has, for the first time in decades, undertaken bold steps towards modernisation and expansion of rail network, said Himanshu Chaturvedi, Chief Strategy Officer, Tata Projects.
Indian Railways has been in dire need of investment both in terms of passenger and freight movement.
The increase in expenditure budget of Railways by 34 per cent demonstrates the government’s commitment to ‘Future Ready’ railway. The target of 100 per cent railway electrification will ensure not only faster trains but also pollution-free environment, he said. ....

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Budget 2021: Transforming Railways will Transform India


New Delhi/Mumbai [India], February 2 (ANI/PRNewswire): Indian Railways has been in dire need of investment - both in terms of passenger and freight movement. For the first time in decades, the Union Budget not only recognizes this - in fact the Finance Minister has taken bold steps towards modernization and expansion of rail network.
The increase in the expenditure budget of railways by 34 per cent demonstrates the Government s commitment to Future Ready railway. With a target of 100 per cent railway electrification - India shall not only have faster trains but also reduce air pollution.
DFCC s Tundla Junction
The Budget rightly acknowledges that bringing down the logistic costs and transport time for industry should be at the core of a governmental strategy to enable Make in India . This is only possible with a robust and modern freight network. ....

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Additional 400 kms of dedicated freight corridors to be ready by March: Piyush Goyal


Additional 400 kms of dedicated freight corridors to be ready by March: Piyush Goyal
DFCs are exclusive corridors for faster movement of freight trains. The Western DFC is a 1,525 km corridor between Delhi and JNPT (Mumbai) while the Eastern DFC connects Ludhiana and Dankuni, spanning 1,800 km
Ashutosh Kumar | January 20, 2021 | Updated 05:10 IST
Within weeks of Prime Minister Narendra Modi inaugurating a total of 657 km stretch on the Dedicated Freight Corridor (DFC), Railway Minister Piyush Goyal today said that additional 400 km stretch will be ready on the corridors by March this year.
Addressing the first national conference of states on logistics today, Goyal also said that construction of the entire Eastern and the Western DFCs will be complete by 2022. The minister also said that a national logistics policy is under consultation adding that the country has a $200 billion logistics ecosystem . ....

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