(a) the details of railway projects sanctioned by the
Railways during the last three years having negative Return
on Investment (RoI); and
(b) the steps taken/being taken by the Railways to sanction
the projects for the development of backward areas in the
country irrespective of the RoI?
MINISTER OF STATE IN THE MINISTRY OF RAILWAYS (SHRI K.H. MUNIYAPPA)
(a) & (b): Projects on Indian Railways are generally sanctioned in
accordance with norms laid down in the National Transport Policy, 1980.
Besides this, projects are also taken up on socio-economic considerations
for development of economically backward areas.
30 New Line & 3 Gauge Conversion projects have been taken up with
negative rate of return (RoR) during last 3 years i.e. 2008-09, 2009-10,
2010-11 and the current year.
Sanction of projects is a continuous process. Railways have
recommended 89 proposals for new line and gauge conversion for
`in principle` approval of Planning Commission.