Vital infrastructure projects of the Indian railways together with excessive velocity corridors, the devoted freight corridors, signalling projects or projects for launching new trains is not going to be impacted by the Railway Board order to maintain all new work sanctioned for 2020-21 fiscal in abeyance in a bid to rationalize value within the wake of COVID-19 pandemic.
Hindustan Times on Thursday reported that the nationwide provider plans to placed on maintain new infrastructure projects sanctioned within the present monetary yr aside from these associated to security work, in accordance to a Railway Board order issued on Tuesday. The ministry has clarified that the order is not going to have an effect on any ongoing important infrastructure projects of the railways. “Ministry of Railways has to abide by the instructions of the ministry of finance. However, sufficient resources exist and have been provisioned for to ensure that wheels of progress and modernization continue to move at rapid speed. The order is not going to impact any of vital infrastructure projects of Railways. It is not going to impact our mission of 100% electrification of routes, doubling tracks, any of railway high speed corridors or DFCCIL, vital signalling projects, projects to launch new modern trains/locomotives, passenger amenities or any project to enhance safety,” the ministry advised HT.
“It may be noted that there is no reduction in capital expenditure for infra works. The full capex would be utilised. Ministry of finance order will not to impact railways’ massive infrastructure development program,” the ministry added. The order issued by the railway board refers to a directive issued by the finance ministry in June on authorities spending within the yr.
In a communication despatched to all zones and public sector undertakings (PSU) on Tuesday, the railway board mentioned projects that have been beforehand accredited however have made insignificant progress “shall be kept frozen till further orders except those which are essentially required for safe running of trains”.
The board has instructed zonal railways to overview all projects already accredited by them.
“Exemption for sanction of works which are considered essential and inescapable will be obtained from the ministry of finance,” the order added.