fbpx
  Previous   Next
HomeBusinessPM Modi Allocates Rs9,723 Crore To Odisha For Development of Railway Infrastructure:...

PM Modi Allocates Rs9,723 Crore To Odisha For Development of Railway Infrastructure: Railway Minister Ashwini Vaishnaw

Prime Minister Narendra Modi has allocated Rs9,723 crore to Odisha for the development of railway infrastructure in Odisha, which is the highest amount ever received by the State. “There will be no dearth of funds for the development of Railways in the State,” said Railway Minister Ashwini Vaishnaw on Thursday.

Speaking to reporters, particularly from Odisha, Vaishnaw said he, on behalf of 4.5crore people of the State, expressed his gratitude towards the Prime Minister for scripting history by allocating such massive outlay to Odisha.

“Odisha had been neglected during the period when the UPA government was at the Centre. On average, the State had been receiving a meager Rs834 crore every year from 2009 to 2014,” said the Railway Minister.

“The allocations for Odisha in FYs 2019-20 and 2020-21 were Rs4,568 crore and Rs5,296 crore respectively. In FY 2021-22, the budgetary allocation for the State was Rs5,921 crore. Taking note of the progress of the projects, Rs550 crore more was allocated during the revised estimate. So, the total allocation made to the State in FY 2021-22 stood at Rs6,471 crore,” informed the Minister.

“Breaking all previous records, this time Prime Minister Narendra Modi has given Rs 9,723 crore to Odisha, which is 10 times more than what the State was receiving during the UPA rule,” he added.

Heaping praise on the Prime Minister, Vaishnaw further informed that there would be no dearth of funds for the development of Railways in the State.

When asked about the progress of the railway wagon factory in Kalahandi, he said 50 percent of the total required land has so far been acquired. “The work will take off only when the State government provides the rest of the required land,” he maintained.

More News

Smartphone Use And An Increase In Social Isolation Point To Decline In Mental Health of Young Adults: Report

If you are a young adult and spend a lot of time on your smartphone that it may cause a rapid decline in your...

Inflation Is One of The Top Issues In World Wide: Ipsos

Inflation has shot up the rankings to be the number one global concern in April, according to Ipsos. In March, Inflation made the top...

Two Years After Infection, Half of People Hospitalised With Covid Have At Least One Symptom: Study

Two years after getting infected with COVID-19, half of people hospitalised with the infection have at least one symptom, a follow-up study by the...

RELATED NEWS

Elon Musk Says Businesses And Governments Accounts Likely To Pay To Use Twitter

Elon Musk has said that businesses and governments may soon need to pay a “slight cost” to use Twitter just weeks after announcing he...

India Continue To Buy Russian Crude, Here Is The List Who Is Buying And Who Has Stopped

India has taken advantage of discounted prices to ramp up oil imports from Russia at a time when global energy prices have been rising. After...

Sensex Slips 460 Points, Nifty Ends Below 17,105

Indian indices at the weekend cleaned all the gains before closing lower, despite positive global cues. The week witnessed heavy turbulence due to multiple...