Infrastructure for doubling and tripling of railway tracks
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAJYA SABHA
QUESTION NO 2362
ANSWERED ON 04.08.2017
Infrastructure for doubling and tripling of railway tracks
2362 Dr. T. Subbarami Reddy
Smt. Ambika Soni
Will the Minister of RAILWAYS be pleased to satate :-
(a) whether Government has proposed to create robust infrastructure for doubling and tripling of railway tracks, if so, the details thereof;
(b) the pattern of funding for this project, whether it is public-private partnership, soft loan from financial institutions or any other method; and
(c) whether private freight terminals are also proposed to be created, if so, the details thereof?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF RAILWAYS (SHRI RAJEN GOHAIN)
(a) to (c): A Statement is laid on the Table of the House.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (c) OF UNSTARRED QUESTION NO. 2362 BY DR. T. SUBBARAMI REDDY AND SHRIMATI AMBIKA SONI ANSWERED IN RAJYA SABHA ON 04.08.2017 REGARDING INFRASTRUCTURE FOR DOUBLING AND TRIPLING OF RAILWAY TRACKS
(a): Doubling/3rd/4th line projects are sanctioned on yearly basis. During the last three years i.e. 2015-16, 2016-17 & 2017-18, 12,600 Km of doubling/3rd/4th lines have been included in Budget subject to obtaining requisite approvals.
(b): For taking up the doubling projects, Institutional financing in the form of soft loan by tying up with M/s Life Insurance Corporation of India Limited has been arranged. In addition, in some projects, customer funding has also been assured through agencies like NTPC.
(c): To facilitate development of a network of freight terminals with private investments and to provide efficient, cost effective logistics services with warehousing solutions, a new scheme namely private freight terminal was launched on 31.05.2010. The policy was reviewed and was revised on 23.04.2012 and has been further liberalized in April, May 2015.
So far 103 proposals have been received out of which 49 terminals have been notified for commercial working and the remaining 44 proposals are under various stages of examination and approval.
Leave a Reply