Centre looks to meet freight corridor cost escalation from its own pockets

The executive added that the final cost structure will be ratified when the Union Cabinet approves the revised cost estimate

The Centre is likely to meet cost overruns of nearly Rs 43,000 crore on the Eastern and Western Dedicated Freight Corridors (DFCs) from its own pocket, even as about 75 per cent of the projects has been funded by multilateral bodies.

“The Eastern DFC is already completed. There’s an expenditure of around Rs 10,000-12,000 crore remaining on the Western corridor, and it’s likely to be met with government support too,” a senior executive of the Dedicated Freight Corridor Corporation of India Ltd (DFCC) told Business Standard.

The executive added that the final cost structure will be ratified when the Union