Dedicated Freight Corridors
- August 25, 2020
- Posted by: OptimizeIAS Team
- Category: DPN Topics
No Comments
Subject: Economy
Context:
Minister of Railways and commerce & industry has reviewed the progress of Dedicated Freight Corridor Corporation India (DFCCIL)
Concept:
- Dedicated Freight Corridors (DFC) is one of the largest rail infrastructure projects undertaken by the Government of India.
- The overall cost is pegged at Rs 81,459 crores.
- DFCCIL has been set up as a special purpose vehicle to undertake planning, development, mobilization of financial resources, construction, maintenance and operation of Dedicated Freight Corridors.
- In the first phase the organisation is constructing the Western DFC (1504 Route km) and Eastern DFC (1856 route km) spanning a total length of 3360 route km.
- Railways lost the share in freight traffic from 83% in 1950-51 to 35% in 2011-12.
- Not only this, the National highways along these corridors comprising 0.5% of the road network carried almost 40% of the road freight.