The Central government on Thursday gave its nod to two key railway projects worth ₹6,798 crore for Bihar and Andhra Pradesh, pinning its proposed capital Amaravati on the railways map.
Interestingly, both these states are currently being governed by the alliance partners of the ruling BJP. But Railway Minister Ashwini Vaishnaw said that these are not political decisions.
The Union Cabinet, which cleared these two rail projects, also launched a venture capital (VC) fund of ₹1,000 crore for the space sector.
The two railway projects include a 57-kilometre long Amaravati rail link project, and doubling of the Narkatiaganj-Raxaul-Sitamarhi-Darbhanga and Sitamarhi-Muzaffarpur sections, covering a total of 256 km.
The new line between Errupalem and Namburu will pass through Amaravati and connect 168 villages through nine stations. The line will provide connectivity to 1.2 million people, a statement issued by the cabinet said.
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Denne historien er fra October 25, 2024-utgaven av Business Standard.
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