Odisha demands "sizeable" amount for rail infrastructure

Image
Press Trust of India Bhubaneswar
Last Updated : Jun 09 2014 | 4:41 PM IST
While formulating a Railway Master Plan for the state, Odisha government today asked the Centre to allocate a sizeable fund for the development of railway infrastructure in the mineral rich region.
"Kindly ensure allocation of a sizeable part of the revenue generated from Odisha within the state itself for strengthening and expanding rail infrastructure," Chief Minister Naveen Patnaik wrote in a letter to Prime Minister Narendra Modi.
Stating that the gross earnings from various stations in Odisha are estimated to be in excess of Rs 14,000 crore during 2013-14, Patnaik regretted that railway route length and rail density in the state was below the national average as also substantially lower than that in neighbouring states.
As Odisha continued to be one of the most preferred destinations for investment especially in metal, mining and power sectors, the state government had been leveraging this opportunity to plan for orderly, systematic and comprehensive economic growth by focusing upon infrastructure development and creating dedicated industrial corridors, he said.
"The nature of industrial activities in the state requires a robust and well planned railway infrastructure for its sustainability. For this purpose, we are in the process of formulating a Railway Master plan for Odisha," Patnaik said.
Noting that the Central Government has initiated many ambitious projects like dedicated freight corridor aligned with mega industrial hubs, national road expressways and high speed train projects, Patnaik said those appeared to have bypassed Odisha although some of the country's largest investments in steel, aluminium and power sectors are coming up here.
The volume of investments in Odisha in diverse sectors at different stages is in excess of a staggering Rs 8,85,000 crore, Patnaik said adding that the state government had taken important steps to create greenfield ports that should be the country's gateway to international maritime trade as well as for coastal shipping between east and west coasts of of the country.
It was expected that growth in rail borne traffic would be in excess of 300 MMTPA in the next five years, Patnaik said adding that he had been requesting the Ministry of Railways to put in place a time-bound infrastructure upgradation arrangement for the ports coming up on the Odisha coast.
"A synchronised development plan between those of the ports and related rail connectivity is a necessity for maximising economic gains. In this context, the eastern dedicated freight corridor from Ludhiana to Dankuni should be extended to Brahmapur so as to ensure seamless movement of freight between the ports and vast northern and central hinterlands," he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 09 2014 | 4:41 PM IST

Next Story