Govt may shelve ₹2-trn freight corridor plan
Financial Express Mumbai|April 06, 2024
Low demand for the existing ones
MANU KAUSHIK
Govt may shelve ₹2-trn freight corridor plan

THE GOVERNMENT IS likely to abandon the plan to set up three more dedicated freight corridors (DFCs) East Coast, East-West and North-South ― at an estimated combined cost of 2 trillion. The Centre may instead opt for a few commodity-specific rail networks, a senior railway official told FE on condition of anonymity.

The move comes in the wake of the railways having to hard-sell the recently commissioned east and west freight corridors to potential bulk customers, and the issues that have cropped up of the network planning of these projects. The capacity utilisation of the two corridors remain low.

The rethink on the three additional DFCs is despite the fact that the Railway Board has recently received the detailed project reports for two or them (East Coast and North-South), and the DPR on the third one East-West- is expected anytime soon.

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