Railways to give incentives to contractors for early completion of projects

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Railways have adopted the concept of giving incentives to contractors for early completion of projects, Union Railway Minister Mr. Piyush Goyal said on Wednesday. He said that a lot of monitoring is done at various levels.

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  • Mr. Goyal also said, regular meetings are held with officials of state governments and authorities concerned to resolve pending issues that are obstructing progress of projects.
  • The Railway Minister told the Lok Sabha,”To ensure that projects are completed even before time, Railways have adopted concept of incentives to the contractor in the form of bonus clause in contracts which will further enhance the pace of execution of projects.”
  • Regarding the Kanhangad-Panathur-Kaniyuru new railway line, he said survey report for it is being finalised.
  • Field survey for the 90.50 kilometres line has been completed.
  • 50 kms of the project alignment falls in Kerala while the rest falls in Karnataka.
  • He said,”Survey report, estimate and plans of the proposed new line are under finalisation.”

189 new rail lines under construction

  • As many as 189 new railway lines costing Rs 3.74 lakh crore are in different stages of construction across the country, Mr. Goyal also said in Lok Sabha.
  • Railway projects are sanctioned zone-wise and the expenditure on new line projects up to March, 2019 has been Rs 76,917 crore, he said.
  • He said during Question Hour,”As on April 1, 2019, the Indian Railways have taken up 189 new line projects of length 2,555 km, costing Rs 3,74,753 crore, which are in different stages of execution or planning or sanction.”

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