RATIONALISATION OF RAILWAY PROJECT ALLOCATION MONEY

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LOK SABHA

From 2002-03 onwards, funds to various projects are being allocated state wise based on a clear and transparent formula announced by the Minister of Railways in Budget speech 2002-2003. As per this formula, the available funds for projects have been distributed based on area, the population and the throwforward of projects in the State. The weightage given to these criteria is in the ratio of 15%, 15% and 70% respectively.

This information was given by the Minister of State for Railways Shri Bandaru Dattatraya in a written reply to a question from Shri E.M. Sudarsana Nagchiappan in the Lok Sabha today.