India to Establish 3 Major Economic Railway Corridors: Sitharaman In Budget 2024!

India to Establish 3 Major Economic Railway Corridors

India to Establish 3 Major Economic Railway Corridors: Sitharaman emphasized that these projects are pivotal components of the PM Gati Shakti initiative, designed to enable multimodal connectivity across various transportation networks. The integration of diverse modes of transport is poised to enhance logistical efficiency and reduce overall costs, further fueling economic growth..

Budget Allocation For Mumbai Suburban Rail Network: Receives Significant Boost In 2024!

Budget Allocation For Mumbai Suburban Rail Network

Budget Allocation For Mumbai Suburban Rail Network: Finance Minister Nirmala Sitharaman has earmarked a total of ₹789 crore for the Mumbai Urban Transport Projects (MUTP), aimed at bolstering the suburban railway network. The allocation is distributed across various phases of the MUTP, with ₹100 crore allocated for MUTP (second phase), ₹300 crore for MUTP-III, and ₹389 crore for MUTP-IIIA. This significant investment is poised to accelerate ongoing infrastructure projects and address critical transportation needs in Mumbai..