Cabinet clears Railway projects worth Rs.11,000 cr

The Cabinet Committee on Economic Affairs, CCEA has given its approval for Railway projects worth Rs 11,000 crore. These include Bina-Katni 3rd line project at an estimated cost of nearly 2,500 crore in Madhya Pradesh. 

The 279 km long railway line is expected to be completed in five years. Another project is Vizianagaram and Titlagarh 3rd line project, costing nearly 2,335 crore. The



length will be 265 kilometre and will be completed in 5 years. 

It also included doubling of Surendranagar-Rajkot project, Pune-Miraj-Londa railway line and Roza -Sitapur Cantt.- Burhwal Broad Gauge single line. 

CCEA also approved ex-post facto proposal of Yes Bank Limited for increase in foreign investment limit to 75 per cent from existing 41.87 per cent.