Rail Projects struggle for funds by eabhi200k on 28 November, 2012 - 08:00 PM | ||
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eabhi200k | Rail Projects struggle for funds on 28 November, 2012 - 08:00 PM | |
The Indian Railways, the third largest rail network in the world, is facing a shortage of funds to implement its ongoing projects across the country.As of April 2012, the Ministry of Railways was executing 347 projects consisting of 132 new line, 42 gauge conversion and 173 doubling projects. An expenditure of 60,791 crore was incurred on these projects up to March 2012 and an outlay of 11,133 crores has been made for the projects for the year 2012-13. |