IBEF: December 13, 2019
In a written reply to a question in Lok Sabha today the Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya informed that the Government of India has undertaken 55 rail projects worth Rs 45883.2 crore (US$ 6.57 billion) and 15 projects worth Rs 2899 crore (US$ 0.41 billion) for enhancing port connectivity at various Major and Minor ports.
Shri Mandaviya informed that out of 55 rail projects, 15 projects worth Rs. 1048.20 Crore have been completed and 40 projects with a cost of Rs 44785 crore (US$ 6.41 billion) are under implementation. Out of 15 road projects, 10 projects worth Rs 2592 crore (US$ 370.87 million) have been completed and 5 projects amounting to Rs. 307 Crore are under implementation.
He said that an expenditure for 38 rail connectivity projects being undertaken by Ministry of Railways till March,2019 is approx. Rs 16403 crore (US$ 2.35 billion). For 15 road and 17 rail connectivity projects undertaken by Ministry of Road Transport & Highways/ Major Ports, the expenditure in last three FYs is approx. Rs 3204.82 crore (US$ 458.55 million).
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.