Answer» Correct Answer - Option 4 : North-South Corridor
The correct answer is North-South Corridor. - Focusing on the development of railway freight corridors, former Union Railway Minister Suresh Prabhu announced the development of the three freight corridors In the Railway Budget of 2016.
- The three corridors were Delhi-Chennai (north-south), Kharagpur-Mumbai (east-west), and Kharagpur-Vijayawada on the east coast.
- The projects are funded through innovative models including public-private partnership (PPP) mode.
- Dedicated Freight Corridor Corporation of India Ltd (DFCCIL):
- DFCCILis a special purpose vehicle (SPV) of the Ministry of Railway (MoR).
- It was established in October 2006 to channel resources to key and strategic sectors.
- DFCCIL was set up with the mandate to build, operate, and maintain the dedicated freight railway lines along the Golden Quadrilateral rail routes and their diagonals.
- It is constructing high-capacity and high-speed dedicated freight corridors (DFCs).
- The government of India, through MoR, wholly owns DFCCIL.
- The first phase comprises the construction of two DFCs spanning the Mumbai-Delhi (Western DFC) and the Delhi-Kolkata (Eastern DFC) rail routes, Covering a total length of 3300 kilometers (km).
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