scorecardresearch
Friday, September 27, 2024
Support Our Journalism
HomeEconomySitharaman reviews capex plan of Railways Ministry

Sitharaman reviews capex plan of Railways Ministry

Follow Us :
Text Size:

New Delhi, Sep 17 (PTI) Finance Minister Nirmala Sitharaman on Tuesday reviewed the capex plan of the Railways Ministry and asked officials to focus on safety and convenience of commuters.

Sitharaman also told the officials to expedite the implementation of Kavach system (India’s indigenous Automatic Train Protection (ATP) system) in a phased manner and meet the allocated capex target in the stipulated timeframe.

MoR officials informed the Minister that Kavach-related works are currently in progress in over 3000RKm (route km) on the Delhi-Howrah and Delhi-Mumbai sections.

“Underlining the focus of the government on providing ‘ease of living’ for citizens, Sitharaman urged the officials of the Ministry of Railways to focus on capacity augmentation, safety and commuter convenience, including doubling and electrification of existing railway tracks and also laying of new railway lines across the country as per the capex outlay provisioned in the Union Budget,” a finance ministry statement said.

Sitharaman also stated that the Railways Ministry should expedite the conversion of 40,000 normal rail bogies to Vande Bharat standards as announced in the Interim Budget 2024-25 in order to enhance the safety, convenience and comfort of passengers.

Sitharaman exhorted the officials to ensure that capex target for FY 2024-25 is achieved in a time-bound manner and take forward the momentum achieved in the first 100 days of this Government, the statement added.

This meeting is a part of the series of review meetings that have been scheduled with Ministries/Departments with significant capex outlays in the Union Budget. PTI JD MR

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular