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.
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