Railway and spiralling cost of its unfinished projects!  

July 9, 2014

Of the 674 projects, worth Rs1.58 lakh crore, sanctioned in the last 30 years, only 317 are completed by the railways. Due to the delays, the cost of remaining project has gone up to Rs1.82 lakh crore

Moneylife Digital Team

Presenting his maiden budget, railway minister DV Sadananda Gowda said populist projects and mismanagement over the past several years have brought Railways to a point of funds crunch.

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