Suresh Prabhu
The Indian Railways, which is one of the largest rail networks in the world, has set aside a staggering investment target worth $500 billion for the next one decade and to achieve the target, it has chalked out a mega investment plans under which it will start rolling out big ticket infrastructure projects in the next six months, said railway minister, claiming that the rail sector is currently focusing on adding capacity and modernizing the entire rail network. Major stress would be on improving logistics support across the country.

An initiative to this effect has already been started with the Cabinet giving its approval for the revised cost estimate of Rs. 81,459cr for the Eastern and Western Dedicated Freight Corridor (DFC) Project. It will drastically change the map of Indian Railways; there will be 50% jump in freight; DFC will increase in rail revenues, add speed to goods movement reducing congestion; passenger trains will run at increased speed with strict commitment to punctuality.

That apart, the DFC will also play a big role in the ongoing Make in India campaign of the current government as the movement of goods and services will improve at an encouraging pace.