Union Railway Minister Ashwini Vaishnav said that during the historic third term of PM Modi, several projects have been launched to reduce transport and logistics costs. Recent studies from IIM Bangalore and IIM Calcutta show that investment in transport has reduced the country’s logistics costs by about 4%. Every percentage reduction in logistics cost means that there will be much more competitive industries. We can export more. We can keep the cost of production low … Investment of about Rs 4.5 lakh crore has been approved for transport projects in the last 1 year. This will play our big role in achieving our goals of developed India.
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Union Railway Minister Ashwini Vaishnav on the Indian Railways’s Ballari-Chikajajur Multitracking Project in Karnataka and Andhra Pradesh said that the doubling project is spread up to 185 km and its cost is Rs 3,342 crore. It will efficiently connect the internal areas with Mangalore port. We are making a master plan to improve the railway connectivity of Mangalore … It is a complex project with 29 major bridges … This will benefit the population of about 13 lakhs … It can facilitate the transportation of about 19 million tonnes of additional goods, which will be unprecedented to our environment. This will prevent 101 crore carbon dioxide emissions, which is equivalent to planting four crore trees. This will also help us to save the country’s 20 million liters of diesel annually … This project is in the Ballari region on the border of Karnataka-Andhra Pradesh.
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The increased capacity of the railway line will significantly increase transportation, which will improve the operational efficiency and service credibility of Indian Railways. These multi-tracking proposals have been designed to streamline railway operations and reduce congestion. The government said that these projects are in line with Prime Minister Modi’s new India’s perspective, which will make the local people ‘self -sufficient’ through widespread development and will increase employment and self -employment opportunities for them. The Ministry of Railways said that these projects are the results of PM-Mati Shakti National Master Plan for multi-dimensional contacts, which have been possible through integrated scheme. This will provide uninterrupted contact facility for the movement of people, goods and services. The ministry said, “Two projects incorporating seven districts of Jharkhand, Karnataka and Andhra Pradesh states will increase the existing network of Indian Railways by about 318 km.” The Ministry said that these projects will help reduce the country’s logistic cost, reduce the logistic cost of the country, reduce the oil imports by 52 crore liters and cut the carbon dioxide emissions, which is equivalent to planting 264 crore kg.
