EcoR receives Rs. 11495.90 crore in interim budget 2024

Prameyanews English

Published By : Prameya News Bureau | February 02, 2024 IST

Railways

Bhubaneswar, Feb 2: The Centre has allocated Rs. 11495.90 crore in the interim budget for the development of railway sector in Odisha.

East Coast Railway has been sanctioned an amount of Rs. 11495.90 crore (including railway electrification funds exclusively allotted to ECoR) for the year 2024-25. 

 This is a decrease of 0.2% over last year (Last Year Rs.11513.74 Cr). However, there is an increase of Rs. 1127.06 crore under Budgetary resources over last year(11.2%).

Here are details

•          For New line, the Budgetary grant for 2024-25 is Rs2812.91 Crs, (LY- Rs2848.20Cr i.e. 1% less than last year Budget allotment )

•          For Doubling, the budgetary grant for 2024-25 is Rs.3818.22 Cr, (LY- Rs. 3834.46 Cr i.e. almost same to last year Budget allotment )

•          For Traffic Facilities the budgetary grant is Rs 200.70 Crs for the year 2024-25. (LY- Rs.147.39 Cr i.e.   36% more than last year Budget allotment). Provision for safety fencing and subways on various routes with speed 130 KMPH and above, sanctioned cost of Rs 1135 Cr with token allotment.

•          For Road over Bridges/Road under Bridges, the budgetary grant for 2024-25 is Rs 486.76 Cr.

•          For Track Renewal, the budgetary grant for 2024-25 is Rs. 931.55 Crs, (LY- Rs.935.73 Cr almost same to last year   Budget allotment )

•          For Bridge Work, the Budgetary grant for 2024-25 is Rs. 170.04 Crs, , (LY- Rs.97 Cr i.e75 % more than last year Budget allotment ).

•          For S&T Works, the budgetary grant for 2024-25 is Rs. 247.94 Crs, 31% decrease over last year (Last Year– Rs. 357.97 Cr).

•          05 New works sanctioned under Plan Head -35 (Railway electrification) for upgradation of Railway electrification under ECoR jurisdiction. The same will be executed by ECoR. Allotment under PH-35 (Railway Electrification) to ECoR is Rs 269.11 Cr

•          For Customer Amenities, the budget grant for 2024-25 is Rs 671.40 Crs,) 12% Decrease over last year (Last Year– Rs 763.98 Cr). Total Provision for Major upgradation of station is Rs 399.16 Cr ( For Phase-I Rs 169.49 Cr , Phase-II Rs 204.64 Cr, Phase-III Rs 25.03 Cr) and for Amrit Bharat Station Scheme Rs 208.86 Cr.

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