Economic Times: August, 2015
New Delhi: The government is working on the decongestion of seven trunk railway routes, said Minister of State for Railways Manoj Sinha in a written reply in Lok Sabha on Monday.
These seven identified trunk routes across the country, which are also termed as High Density Network routes, are, (1) Delhi-Howrah, (2) Howrah-Mumbai, (3) Mumbai-Delhi, (4) Delhi-Guwahati, (5) Delhi-Chennai, (6) Chennai-Howrah and (7) Chennai-Mumbai.
"Railways have a large number of sanctioned projects under the plan heads of doubling, new line, gauge conversion and traffic facility works to decongest routes," Sinha said. "These include 155 new line works, 42 gauge conversion works, 235 double line works, 554 traffic facility works and 60 electrification works," he elaborated.
"Capacity augmentation and bottleneck removal are a continuous effort keeping in view the traffic growth," he added.
On Monday, ET reported that Indian Railways plans to start issuing quarterly account statements in what could be one of the most significant reform initiatives of the Narendra Modi government.
Railway Minister Suresh Prabhu told top foreign investment banks and brokers at a closed-door meeting at the BSE on Friday evening that this is one of the changes that the state-run monopoly is planning. The move is aimed at improving transparency as the government looks at attracting billions of dollars in investment.
Currently, information on accounts is available in the annual railway budget. Quarterly disclosures will help investors get a sense of the actual picture though a lot will depend on what information is provided, economists said.