Investment for Long Term Development
An investment of ? 8,56,020 crore (approximately 135 billion US dollars) has been planned for next five years. The annual plan (Revised Estimate) of the Railways for 2014-15 was ? 65,798 crore. This was financed through Gross Budgetary Support, Internally Generated Resources and Extra Budgetary Resources like market borrowings etc. Over three hundred ongoing new line, gauge conversion and doubling projects with a throw forward of ? 3.5 lakh crore.
This information was given Minister of State in Ministry of Railways Shri Manoj Sinha in a reply to a question in Rajya Sabha Yesterday.
