Rail sector secures Rs. 93k-cr investment – Feedback

In an encouraging development in the Rail and Road Infra Building Segment, the government has commissioned 1,780 km of rail lines and over 6,000 km of highways in 2015-16 fiscal, the PMO said in a recent statement, adding that these stats have emerged in the recent review of key infrastructure sectors’ projects.

In the course of review of the railway sector, it was noted that it had received a capital investment of over Rs.93,000-cr in the last fiscal. This represents a massive increase of 65% over the previous year, and is the highest-ever investment in railways in one year and that contracts worth 10,098 km in the road sector were awarded in the same period.

http://www.nbmcw.com/news/34720-rail-sector-secures-rs-93k-cr-investment.html

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