'PRADHAN MANTRI RAIL VIKAS YOJANA' for Socially desirable projects

Declaring that one of the main objectives of her ministry is to bring social revolution to rail connectivity, the Railway Minister proposed a non-lapsable fund for socially desirable projects under the name of 'Pradhan Mantri Rail Vikas Yojana'.

She also proposed an increase of Rs. 771 crore to connect the underdeveloped areas of Orissa, Jharkhand, Chattisgarh, Bihar and Maharashtra through rail network. A non-lapsable Fund for Railway projects in the northeast region has also been proposed and all the state capitals of the region except Sikkim will be connected by railway network in the next seven years.

Source : Equity Bulls

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