Rs.1L crores rail projects to be implemented in Maharashtra

The Maharashtra government and the Railways are to jointly invest over Rs. one lakh crore to boost rail infrastructure in the state in the next few years. The investments are to be carried out in three regions -North Maharashtra, Vidarbha and Marathwada. The biggest investment of over Rs.22,000 crore is in North Maharashtra in the districts of Nashik, Dhule, Jalgaon and Nandurbar. In Vidarbha the investment will be Rs.21,000 crore and in Marathwada the investment will be Rs.19,000 crore.

Announcing this at a function at Lasalgaon, Railway Minister Suresh Prabhu said, “Chief minister Devendra Fadnavis is the first CM to agree to share 50% of the cost of the railway projects in the state to provide better infrastructure and rail network for the development of the state.“ Fadnavis was also present at the function. “Both the Railways and the Maharashtra government are working together to implement the railway projects,“ Prabhu stated. He cited the example of the proposed Manmad-Indore railway line project where the state government will also contribute funds.
Fadnavis said this is the first time in two years that so many railway projects have been approved of.

“Prabhu has given a proposal to the state government to set up a Special Purpose Vehicle to complete the railway projects jointly. Accordingly, both the Railways and the state government are developing the railway projects to get better infrastructure and strengthen the railway network across the state to ensure development of the state and help farmers send their produce to other parts of the country to get better rates,“ he added.

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