Odisha gets Rs 5,102-Cr for railway growth

Feb 1: The Union Government on Wednesday allocated in the Union Budget Rs 5,102
crore for development of railways in Odisha and also announced to celebrate 200
years of Paika Mutiny led by Buxi Jagabandhu Bidyadhar Mohapatra and setting up
of a strategic oil reserve at Chandikhol in Jajpur district.
State got Rs 5,102 crore in the railway sector against its demand of Rs 5,870
crore, an increase of 9 per cent over the previous year’s allocation of Rs
4,682 crore.
Coast Railways (ECoR) General Manager Umesh Singh said the details about the
new projects, new trains and other aspects could be known on Friday.
Finance Minister Arun Jaitley did not mention about the amount to be spent for
celebrating the bicentenary of the Paika revolt.
Petroleum and Natural Gas Minister Dharmendra Pradhan said the proposed
strategic crude oil reserve would be set up at an investment of  Rs 5,000. Another would come up in Bikaner in
Rajasthan to enhance country’s energy security taking our strategic reserve
capacity to 15.33 MMT.

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