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Source- This post on Cabinet Approval for New Railway Projects has been created based on the article “Cabinet approves two new lines and one multi-tracking project across Indian Railways” published in “PIB” on 28th August 2024.
Why in News?
The Cabinet Committee on Economic Affairs (CCEA) has sanctioned three significant railway projects under the Ministry of Railways. These projects are set for completion by 2028-29.
About the New Railway Projects
| Aspects | Description |
| Aim | These projects aim to streamline supply chains and foster economic growth by increasing the capacity of existing lines and enhancing the transportation network. |
| Scope | The three projects span across seven districts in four states: Odisha, Jharkhand, West Bengal, and Chhattisgarh, extending the Indian Railways network by approximately 300 km. |
| Alignment with National Vision | 1. These projects are aligned with the PM-Gati Shakti National Master Plan for multi-modal connectivity, which promotes integrated planning and provides seamless connectivity for the movement of people, goods, and services. 2. The projects also support the vision of a “New India,” fostering comprehensive regional development and enhancing employment and self-employment opportunities. |
| Socio- economic Impact | 1. Infrastructural Development: Construction of 14 new stations under this projects will enhance connectivity in two aspirational districts (Nuapada and East Singhbhum), improving accessibility for about 11 lakh people across 1,300 villages. 2. Connectivity and Mobility: The multi-tracking projects will enhance connectivity for approximately 19 lakh people across another 1,300 villages. |
| Economic Impact | 1. Reduced Oil Imports: The initiatives are expected to decrease oil imports by around 10 crore litres. 2. Employment Generation: The construction phase is projected to generate approximately 114 lakh man-days of direct employment, providing substantial employment opportunities in the region. 3. Freight Capacity: The projects will increase freight traffic capacity by an estimated 45 million tonnes per annum (MTPA), crucial for transporting commodities such as agricultural products, coal, iron ore, and cement. |
| Environmental Impact | These rail projects, being environment-friendly and energy-efficient, will help India meet its climate goals by reducing CO2 emissions by 240 crore kg. This reduction is equivalent to planting approximately 9.7 crore trees. |
UPSC Syllabus: Indian Economy
