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News Entry# 550847
May 03 (19:59) Kerala Faces Pressure to Fund Sabari Railway Project
IR Affairs
SR/Southern
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News Entry# 550847   
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Sabari rail project: High-level meeting on Friday to address 'new financial strategy'

The Kerala government is facing pressure from the Indian Railways to cover half the construction cost of the Angamaly-Erumeli Sabari railway line, estimated at Rs 3800.93 crore. The Railways demanded this after the state delayed its response to a revised cost estimate. The state government is now scrambling to find the...
more...
funds, as they are unable to secure assistance from the Kerala Infrastructure Investment Fund Board (KIIFB). A meeting on Friday will discuss various funding options, including potential reductions in central funding for Kerala if the state fails to meet the requirements.

Kerala government ko Angamaly-Erumeli Sabari railway line ke construction cost ka aadha paisa dena padega, jo ki 3800.93 crore rupees hai. Railways ne yeh demand tab ki jab state ne revised cost estimate pe response dene mein der ki. Ab state government paisa dhundne mein lage hain, kyunki KIIFB se unhe...
more...
koi madad nahi mil rahi. Friday ko ek meeting ho rahi hai jisme alag alag funding options pe baat hogi, aur agar state apni requirements nahi puri kar paya toh central funding mein bhi kami ho sakti hai.
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