‘Railways needs Rs 3-trn yearly investment to meet country’s aspirations’
The Railways will need to target a revenue of Rs 3.5 lakh crore and an investment of Rs 3-lakh crore every year to meet the country’s aspirations, the government told Rajya Sabha Thursday.
During a discussion on the working of the ministry, Railway Minister Ashwini Vaishnaw attacked opposition members and past governments, alleging they only talked about vision and preparing concept notes, but did not taking any action to implement them.
The minister said that to meet the aspirations of the country, its citizens and the future generation over next 10 years, the Railways will have to target to ferry 1,000 crore passengers every year from about 800 crore currently, and increasing the cargo load from 140 crore tonne to 300 crore tonne.
