bindaas
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Here is the details...
Wednesday, May 9, 2012
Front Page
$1b Indian Loan
Most of it goes rail's way
Most of it goes rail's way
M Abul Kalam Azad
Dhaka and New Delhi have engaged 80 percent of Indian $1 billion loan into railways in a bid to increase capacity of the neglected sector by adding new passenger coaches, locomotives, goods-carrying wagons and constructing some important tracks.
With an objective to facilitate transit to India and enhance sub-regional connectivity, both the governments have approved 12 projects involving $650 million while four more projects of estimated $150 million are in the pipeline, railway ministry officials say.
Construction of new track from Khulna to Mongla Sea Port and third and fourth dual gauge from Kamalapur Railway Station to Tongi are crucial among the projects.
Please tell me how will these resources be used by India for transit.