Amid the India-China faceoff at the Galwan Valley in the east of Ladakh, the Indian Railways on Thursday decided to cancel a Rs 471-crore contract given to a Chinese company for a dedicated freight corridor (DFC).
The Railways said it would cancel the signaling and telecommunication work for a 417-km stretch on the Kanpur-Deen Dayal Upadhyay section, which is part of the eastern DFC being set up by the railway PSU Dedicated Freight Corridor Corporation (DFCCIL).
The government has approached the funding agency,