In the interim Union Budget for the year 2024-25 announced on Thursday, Odisha has been allocated funds to the tune of Rs 10,536 crore for Railways.
Addressing a presser, Union Railway Minister Ashwini Vaishnaw informed about the allocation of Rs 10,536 cr for the State of Odisha.
He added that for the last three years, Odisha has been getting Rs 10,000 cr on an average per year for Railways.
Significantly, funds worth Rs 52,000 crore will be invested in new railway projects in Odisha in days to come, the Union Railway Minister added.
He also asserted that 100 percent electrification of the railways has been achieved in Odisha.
“Apart from this allocation, new investments in the future for Odisha have been pegged at Rs 52,000 crore,” the Union Railway Minister added.
As for the railway safety, he said, “More allocation has been made for the safety aspect this time. With the execution of new tracks, the need for safety factor will increase.”
He put forth his arguments pointing an instance, “Suppose, if a highway is more congested, its safety factor will come down. If you have to run more new trains, you have to lay new tracks."