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Kerala Cabinet gives nod to Rs 66,079-cr semi-high-speed railway project

The project will be executed by Kerala Rail Development Corporation Limited (KRDCL), a joint venture of the Government of Kerala and Ministry of Railways

Thousands of railwaymen patrol the tracks every day to manually check every nut and bolt for defects | credit: www.mygoodland.com
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The Kerala government has given its approval to building of a rail line to enable semi-high speed trains between the southern-most district to the northern district of the state. The total project cost is estimated at around Rs 66,079 crore. The approval was given by the Cabinet on Wednesday. The special railway corridor will run for 532 km between upstate Kasaragod and the capital city of Thiruvananthapuram. The government aims to commence it by 2024. Of the Rs 66,079 crore, Rs 34,454 crore will be obtained as loans. The Centre and state will need to provide Rs 7,720 crore each. The ...