BackCabinet okays railway line electrification
Cabinet okays railway line electrification
Premium
New Delhi: The Centre has decided to step up electrification alo-ng 801km rail network in east Bihar and the North-East by 2012.
“The route to be electrified comes within the Barauni-Katihar-Guwahati section of the East and North-East Frontier Railway, at a cost of Rs505.68 crore," said finance minister P. Chidambaram, following a meeting of the Cabinet Committee on Economic Affairs (CCEA). The route will handle long-distance freight and passenger traffic to the North-East.
The CCEA has also decided to hand over the administration of Bharat Engineering and Wagon Co. Ltd, Patna, to the railway ministry. “The ministry will henceforth infuse working capital for the sick PSU, appoint the chairman and managing director and other executives as necessary," the finance minister said, adding that existing workers in the company would be retained.
The committee also approved a one-time non-plan grant of Rs200 crore to keep Fertilizer and Chemicals Travancore Ltd operational. It also approved the group of ministers’ recommendation on allocation of foodgrain at 35kg per family per month for below poverty line families.
pragya.s@livemint.com
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
