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Railway Minister Sadanand Gowda

Indian Railway

Railway Budget 2014 : Diamond Quadrilateral Project

The groundwork for the development of this project was initiated during the previous decade during the regime of the UPA government. It involved the conceptualisation of the western and eastern railway corridors. As an initial move, work was initiated on the western corridor linking Delhi with Mumbai, employing Japanese technology and funding. The ‘diamond quadrilateral’ […]

ranjan.j

Railway Budget 2014: Railway Minister announces Diamond Quadrilateral

One of the most ambitious projects of the Modi government is to create a diamond quadrilateral of high-speed trains in India. This is part of the new government’s infrastructure improvement plan in the country. While the Atal Bihari Vajpayee led government focused on the golden quadrilateral focusing on road networks and highways, the diamond quadrilateral […]

Railway Budget 2014: PPP to fund major infra projects

Railways in one of the sectors in which there is crucial requirement of funding in huge amounts. Out of 676 projects which have been proposed till now, only 356 projects were completed leaving more than 300 projects in the pipeline. Four projects which are more than thirty years old are yet to be completed. So, […]

Railway Budget 2014- FDI in railways: The Way Forward

Foreign Direct Investment is one of the major sources of funding in the infrastructure and development projects in India. There has been a positive impact on infrastructure and especially urban development sector due to Foreign Direct Investment. Enabling the foreign companies to fund for the public sector projects will reduce the burden on the government […]

Railway Budget 2014: North-eastern states gets a lion’s share in the Railway budget

The 2014-15 railway budget has given a significant boost to the infrastructure projects in North East. In a move to revive the economies of the North Eastern states, the government in its new budget has allocated Rs 5116 crore for its infra-projects, which is 54 per cent higher than the last year. With promising unparallel […]

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