Piyush Goyal: Investment In Railway Projects For Maharashtra Quadrupled Since UPA


Piyush Goyal: Investment In Railway Projects For Maharashtra Quadrupled Since UPA

The NDA government has made four times the investment in railway projects in Maharashtra as compared to investments made during the UPA-II regime, said Union Railway Minister Piyush Goyal. He added that this was the largest ever investment in a particular state by the Central government since Independence.

Goyal was speaking on Tuesday at the closing event of the Magnetic Maharashtra conclave where he signed a Memorandum of Understanding (MoU) with the Maharashtra government to set up a coach manufacturing unit in Latur. The railways will allot up to Rs 600 crore in the first phase to build this factory.

“Between 2009 and 2014, the Central government, through the railways, initiated a capital expenditure on railways in Maharashtra of Rs 5,857 crore. Between 2014 and 2019, the share increased to Rs 24,040 crore. Never before in India has this kind of quadrupling of investment in a state been seen,” Goyal said.

On the still backward Marathwada region, he said, “Despite having three chief ministers and a home minister from Latur, there was never a single large project by the central government in Marathwada. Our project shows concern for the development of Marathwada.” The coach factory to be set up in Latur in Marathwada is expected to offer employment and accelerate commercial development of the area. Read More…

Leave a Reply

Your email address will not be published.