| More grants, not new lines, should be State’s priority by railgenie on 24 February, 2013 - 12:00 AM | ||
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railgenie | More grants, not new lines, should be State’s priority on 24 February, 2013 - 12:00 AM | |
Expectations are high in the run up to the Railway Budget to be tabled in Parliament on Tuesday for new trains and projects for Karnataka, but the critical issue remains allocation of adequate funds for the sanctioned and ongoing projects bogged down by delays, leading to cost escalations.According to sources in the railways, the cost of the track doubling work between Bangalore and Mysore — which was originally estimated to be around Rs. 350 crore — shot up to more than Rs. 500 crore, but latest and the revised estimate has pegged the cost of the project — including electrification — at Rs. 846.06 crore.The project has been taken up on a cost-sharing basis with the State contributing two-thirds of the cost and the railways pitching in with the balance amount. While the cost has escalated due to delay in land acquisition, delay in permission to shift the armoury at Srirangapatana, farmers protest for timely compensation etc, the timeline for the completion of the project too has been revised and deadlines overshot many times. As per the latest reckoning, the project may spill over beyond December 2014 as the work on the superstructure of two major bridges across the river Cauvery — being constructed at a cost of Rs. 45 crore — will take 12 months from the date of commencement. The previous and revised deadline was December this year. | ||