Indian Railways will spend ₹ 20,000 crores to augment rolling stock capacity...

    Indian Railways will spend ₹ 20,000 crores to augment rolling stock capacity

    The Indian Railways’ is set to spend ₹ 20,000 crores to enhance its rolling stock with priority to Eastern Railway, South Eastern Railway and Kolkata Metro.
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    Indian Railways will spend ₹ 20,000 crores

    The Indian Railways will spend ₹ 20,000 crores during 2019-20 to enhance rolling stock, officials from the government have announced. Per year, the average production volume of coaches is around 4,000 to 5,000 units. However, demand from the various railway zone have picked up.

    The government aims to prioritise the demands of Eastern Railway, South Eastern Railway and Kolkata Metro citing that these zones are in urgent requirement of coaches. The Kolkata Metro for instance is in urgent need to replace the 100-odd coaches that were condemned earlier.

    “Some new coaches have already come and are awaiting permission from CRS (Commission of Railway Safety),” Rajesh Agrawal, a rolling stock – Railway Board Member said.

    Mr Agrawal also announced that the Railways has already done the required strategic planning for the ₹ 20,000 crore outlay and that there would be no problem for the funds.

    Read – Kolkata Metro GM assesses construction at airport station yard – biggest such underground facility in India

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