Follow us:              
You are here: HOME > INDIA > Report

Centre urged to increase gross budgetary support for Railways

Published: Friday, Jan 27, 2012, 17:45 IST
Place: Kolkata | Agency: PTI

Railway Board chairman Vinay Mittal today said the Centre has been urged to increase the gross budgetary support for the Railways under the 12th Plan.

The budgetary support for the Railways was Rs20,000 crore this year, he said.

"We have 149 projects in the pipeline and progress depends on the quantum of budgetary support we receive," he told reporters after a meeting of the Railway Board at the Eastern Railway headquarters here.

Mittal said that the Railways was trying to reach the freight target of Rs68,000 crore.

He told a questioner that the Railways was working out how to provide a level playing field for the private partner under the PPP model.

The Pitroda committee report for restructuring and revenue generation avenues for the railways, he said, were still awaited.

Mittal said the Railway Board was looking for a partner for the joint venture project to build a coach factory at Kanchrapara in West Bengal.

                     +    -
Share
©2012 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
Top stories on DNAIndia.com » Popular content »
C.0
Comments  |  Post a comment
Blogs »
Downloading blues

- Jayadev Calamur
C.0
©2012 Diligent Media Corporation Ltd.
D.0