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Cabinet approves seven railway projects worth Rs 20,000 crore

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As many as seven projects related to railways have been approved in the cabinet meeting chaired by Prime Minister Narendra Modi. The projects are related to the laying of new railway lines and rail line upgradation.


Sources tell CNBC Awaaz that these projects will be completed at a cost of about Rs 20,000 crore. This is part of the preparations to redevelop 508 railway stations across India at a cost of Rs 4,195 crore. The plan is aligned with Prime Minister Narendra Modi's dream project, Amrit Bharat Station Scheme.




As many as seven projects related to railways have been approved in the cabinet meeting chaired by Prime Minister Narendra Modi. The projects are related to the laying of new railway lines and rail line upgradation.


Sources tell CNBC Awaaz that these projects will be completed at a cost of about Rs 20,000 crore. This is part of the preparations to redevelop 508 railway stations across India at a cost of Rs 4,195 crore. The plan is aligned with Prime Minister Narendra Modi's dream project, Amrit Bharat Station Scheme.


Union Railway Minister Ashwini Vaishnav had recently said that Chennai-based Integral Coach Factory (ICF) will design the sleeper variant of Vande Bharat trains by the end of December. The first few trains will be ready by March 2024. Last month, the minister had said that by February or March of next year, all three versions of Vande Bharat, including Chair Car, Vande Metro and Vande Sleeper, will be operational.


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