{"id":538877,"date":"2022-11-28T10:17:43","date_gmt":"2022-11-28T04:47:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=538877"},"modified":"2022-11-28T11:16:41","modified_gmt":"2022-11-28T05:46:41","slug":"railways-to-assess-intangible-benefits-of-unviable-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/railways-to-assess-intangible-benefits-of-unviable-projects\/","title":{"rendered":"Railways to assess \u2018intangible benefits\u2019 of unviable projects"},"content":{"rendered":"<p>PAVING THE way for more investments into connectivity projects meant for far-flung, backward and hilly areas where creating large connectivity-infrastructure like railways did not make sense financially, the government has decided to give weightage to \u201cintangible benefits\u201d like social, environmental and network effects of such projects. <\/p>\n<p>The policy change gives the government the necessary leeway to justify connectivity projects of new lines, gauge conversion, doubling of lines, etc even if they do not necessarily generate financial returns. This also means Railways will not have to struggle to obtain financial sanction for these projects. <\/p>\n<p>The Ministry of Railways has sent a set of four new project proposals for appraisal to the NITI Aayog, justifying their investment based on this new \u2018Modified Economic Internal Rate of Return\u2019 model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PAVING THE way for more investments into connectivity projects meant for far-flung, backward and hilly areas where creating large connectivity-infrastructure like railways did not make sense financially, the government has decided to give weightage to \u201cintangible benefits\u201d like social, environmental and network effects of such projects. The policy change gives the government the necessary leeway to justify connectivity projects of new lines, gauge conversion, doubling of lines, etc even if they do not necessarily generate financial returns. This also means Railways will not have to struggle to obtain financial sanction for these projects. The Ministry of Railways has sent a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-538877","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=538877"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538877\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=538877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=538877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=538877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}