Dedicated freight corridors cost revision: Railways to move Cabinet soon.

The Indian Railways will soon seek the Union Cabinet’s approval to revise the cost estimate of its ambitious eastern and western dedicated freight corridors (DFCs). These projects have seen a combined 54 per cent escalation in cost, observed government officials.

The Revised Estimates (RE) are currently being reviewed by Minister of Railways Ashwini Vaishnaw, after which they will be sent to the Cabinet for approval, said a senior official. In 2015, the Cabinet had approved the revised cost estimate of the two freight corridors at Rs. 81,459 crore

BS