August 9, 2020

Interview Times

Inspiring The Young At Heart

Odisha gets Rs 4373 cr outlay in Rail Budget, key projects get more funds

Odisha gets Rs 4373 cr outlay in Rail Budget, key projects get more funds
77 / 100 SEO Score

Source: Google

The Railway Budget has allocated Rs. 4373 crore for Odisha for 2020-21 with all key projects recording substantive hikes in fund allocation(Odisha gets Rs 4373 cr outlay in Rail Budget, key projects get more funds). East Coast Railway (EcoR) which has headquarters in Bhubaneswar has received an outlay of Rs. 5865 crore.

Odisha’s (Odisha gets Rs 4373 cr outlay in Rail Budget, key projects get more funds) total outlay for projects last year stood at Rs 4593 crore. Last year, NTPC had invested in the railway project- Jharsuguda-Barapali coal corridor worth Rs. 1400 crore.

New work sanctioned in the current Budget is Sambalpur-Gopalpur’s new line via Phulbani. It has been sanctioned at a cost of Rs. 2957 crore subject to the approval of the Niti Aayog.

All major projects have got a significant increase in an allotment. The Centre has done allocation on the basis of the need for each project and site requirement.

There has been an enhancement in the case of all projects and every allocation has been approved after a meticulous review.

For instance, the strategic Khurda Road-Bolangir rail link has been allocated Rs. 520 crore against Rs. 350 crore last year.

Prime Minister Narendra Modi has laid high priority on expeditious completion of this project.

The Angul Sukinda project has got an allocation of Rs. 450 crore against an allocation of Rs. 250 crore in last fiscal’s Budget.

A sum of Rs 100 crore has been allocated for the Paradip-Haridaspur project which is nearing completion. Last year, this crucial project was allotted Rs. 400 crore.

Besides, there has been a significant hike in allocation towards doubling of railway projects- Sambalpur-Talcher, Sambalpur-Titlagarh, Titlagarh-Rayagada, and Titlagarh-Raipur.

Electrification of Khurda Road-Bolangir line and Lanjigarh Road-Junagarh Raod line has been accorded priority.

To facilitate the establishment of a wagon repair workshop at Maneswar near Sambalpur, a number of Rs. 20 crores has been allocated.

The allocation for some key railway projects include Angul-Sukinda Road (Rs. 450 crore), Haridaspur-Paradip Road (Rs. 100 crore), Khurda Road-Bolangir (Rs. 289 crore), Talcher-Bimlagarh (Rs. 140 crore), Sambalpur-Titlagarh doubling (Rs. 382 crore) and Titilagarh-Vizianagram third line (Rs. 380 crore).

How useful was this post?

Click on a star to rate it!

Average rating 5 / 5. Vote count: 2

No votes so far! Be the first to rate this post.