Dedicated Freight Corridors

  • August 25, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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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.
Dedicated Freight Corridors economy