“If 10 km line is laid in a state then 100 km long line can be built with 10 states,” he said.
Stressing on the need for infrastructure development, he said, “One cannot just discuss it academically. We must work on it. Railways is suffering for lack of infrastructure development. We must find resources for investment.”
He said railways stepped up investment in last 2 years.
“Our investment is 3 times higher than the last 10 years’ average. Besides gross budgetary support, we want resources from extra budgetary sources also,” the minister added.
He said public investment is also crucial and referred to the two mega locomotive factories in Madhepura and Marhora in Bihar. These are two big ticket projects involving Rs 40,000 crore, he said.
Stressing on the need for non fare revenue (NFR), he said, “We are going beyond traditional revenue sources like passenger fares and freight.