Planning Commission draws Cost-sharing Policy of Railways for ongoing Projects

New Delhi:  In view of huge throw forward of ongoing projects and limited availability of resources, to expedite project implementation various non-budgetary resources including cost sharing by State Governments have been explored by Railways. Railways have requested State Governments to come forward for sharing cost of projects essential for development and ten state governments have agreed to share cost of 37 projects.

Planning Commission has decided as a matter of policy that the project proposals which are to be taken up on socio-economic considerations by the Ministry of Railways are to be supported by the concerned State Government by providing land free of cost and also bearing 50% of the cost of construction.

Projects are also taken up with full funding by Ministry of Railways. In 2013-14, a total number of 22 projects were included in Railway Budget provisionally with condition that execution will take place after Planning Commission clearance & Cabinet Committee on Economic Affairs approval. Except for these projects, all sanctioned projects have been taken up. Clearance for these projects has been processed.

This information was given by the Minister of State for Railways Shri Adhir Ranjan Chowdhury in written reply to a question in Lok Sabha today.

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