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Union Budget : Rs 6900 Crores – Highest Ever Budgetary Allocation for SWR Since Inception

Union Budget : Rs 6900 Crores – Highest Ever Budgetary Allocation for SWR Since Inception

General Manager, Sanjeev Kishore addressed a Press Conference on 03.02.2022 at Rail Soudha, Hubballi. Speaking on the occasion he said that the Budget 2022 has focused on prioritising connectivity, safety and infusion ofnew technology encouraging innovation. He stated that the Budgetary provision this time is the highest ever, and in the Budget for financial year 2022- 2023, immense thrust is laid upon infrastructure development with an increased outlay of Rs. 6900 crores as compared to the budget estimates of about Rs. 4900 crores for 2021-22. (40% increase). Priority is given to complete the ongoing line capacity and route electrification works which were sanctioned in previous years.

Outlay

New Line: Rs. 871 crores

Doubling: Rs. 1455 crores

Electrification: Rs. 611 crores

Further, he said that the total outlay given for Railway Projects in State of Karnataka is over Rs.6000 crores which is the highest ever till date.

Electrification receives huge thrust with Rs. 611 crores Budgetary Grant for 2022-23. This is 24.14% higher than the budget provision of last year (492.18 crores).

Shri Kishore highlighted that in the present financial year till date, Parcel revenue of SWR cross Rs. 100 crore – the highest ever. He stated that theoriginating loading of SWR was 35.77 Million Tonnes from April 2021 to Jan 2022 which is 18.38% higher than the loading registered in April 2020 to January 2021. During April 2021 to January 2022 freight revenue is Rs. 3406.45 crores which is 30.82% higher than the revenue earned from April 2020 to January 2021(Rs. 2603.90 crore).

He further elaborated that in the present financial year 2021-22 it is planned to commission 22 km New Line by March 2022. So far, 61 Km doubling as been commissioned and by the end of March 2022, 204Km doubling is planned to be commissioned. From April 2021 till date, 17 manned Level Crossings have been eliminated by constructing ROB/RUB (6-ROB 9-RUB 2-Diversion of Road Traffic).

Out of total 3605.5 rkm of SWR, 1454 rkm (40%) has been already electrified. Gathering momentum, this year (FY 2021-22) 231.9 rkm has been electrified till date. Another 200 rkm electrification is planned to be completed byMarch 2022. In the coming financial year, it is planned to carry out 554 rkmelectrification across the zone. These doubling and electrification projects will improve connectivity, reduce pollution and enhance safety of railway operations.

Lastly, the General Manager stated that the region will witness enhancement of rail infrastructure and its seamless integration with other modes of transport in a massive way in the coming years with the highest ever provision of Capital Expenditure. He has said that Railways will continue to play an important role in the socio-economic development of the region.

The highlights and details of Budgetary provision for SWR are given below.

New Lines :▪ Dharwad – Kittur New Line gets Rs. 20 Cr. outlay ▪ Gadag – Wadi new line received allotment of Rs.187 Cr ▪ Following three new projects received Rs.50 Cr. each▪ Shivamogga-Shikaripura-Ranebennur▪ Tumakuru-Chitradurga-Davangere▪ Bagalkot-Kudachi▪ Rayadurga-Tumakuru via KalyanaDurg has been allotted Rs.100 Cr.

Doubling :▪ Gadag-Kudgi-Hotgi Doubling Project received a grant of Rs.200 Cr. and Hubli-Chikjajur doubling allotted with grant of Rs.210 Cr.▪ For strengthening Railway network connecting to Bengaluru from different directions the following doubling projects have also been prioritized ▪ Yesvantpur-Chennasandra -Rs.115 Cr.▪ Yelhanka-Penukonda -Rs.54 Cr.▪ Penukonda-Dharmavaram-Rs.60 Cr.▪ Baiyyappanahalli-Hosur-Rs.140 Cr.▪ Arsikere-Tumakuru-Rs.51.8 Cr.▪ Also quadrupling of Bengaluru-Whitefield will be expedited with Budget grant of Rs.100 Cr.▪ With record allocation to doubling and Electrification, major routes of SWR will be decongested, environmental friendly and provide quantum boost to connectivity.

Courtesy Railpost

 

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