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Indian Railways plans $9 billion upgrade
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Tags: India,
Plans announced by Railways minister Mamta Banerjee for Indian Railways. 1000 kilometres of new lines and 54 new trains will be added in the next year. A fast track panel will be set up for clearance of investment proposals. The Indian Railways budget for 2011 shows new investment will be $9 billion for modernizing and expanding the rail network, up 2.8% from the $8.7 billion for 2010. Indian Railways plays a vital role in India's economy. The company employs 1.39 million people.
Indian Railways
02/25/2010
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