• market on mobile

Pause Refresh
Home >> News >> Railways will spend 100% outlay this fiscal: Manoj Sinha, MoS, Railways
  • ECONOMY
  • Share news on Facebook Share news on Twitter

      Railways will spend 100% outlay this fiscal: Manoj Sinha, MoS, Railways

      MoM Team / Mumbai, Sep 26, 2016 09:37 AM IST

        Railways will spend 100% outlay this fiscal: Manoj Sinha, MoS, Railways

        The Railways will meet 100% expenditure target this fiscal, said Mr. Manoj Sinha, Minister of State for Communications and Railways at an ASSOCHAM event.

        “The reforms will take time, Make India initiative will yield result in the coming year”, said Mr. Sinha while addressing an ASSOCHAM conference on '2nd Global Investors India Forum (GIIF).

        Mr. Sinha said that NPAs (Non Performing Assets) is the result of old legacy. There have been massive corruption infrastructure sector.

        “The Dedicated Freight Corridor (DFD) activities are going on as per the schedule”, said Mr. Sinha while addressing the event.

        “The High speed golden quadrilateral on- to start in Mumbai- Ahemdabad sector work as per the plan”, said Mr. Sinha at the second day of ASSOCHAM '2nd Global Investors India Forum (GIIF).

        He further mentioned that 200 kmph trains will be seen in India too. Mr. Sinha said that Talgo has been advised to make changes to suit overnight journey.

        The situation has improved since April 2014, said Mr. Sinha.


        Please rate this news :

        0 Rating | 0 Reviews






        Post your comments on this article :

        Login below to leave a comment:

              







      Source: Capital Market



    INTRADAY CHART

    Prev. Close : 29332.16
    You need to upgrade your Flash Player
    Prev. Close : 9086.3
    You need to upgrade your Flash Player



    feedback