Wednesday, August 29, 2012

Current Affairs 5

Kerala gets Green Signal for High Speed Rail Corridor



In a boost to Kerala's efforts to fast-track infrastructure development, the Centre has given the green signal to its ambitious high speed rail corridor project, linking the entire stretch
from Kasargode in the North to the state capital in the South.

 At a high-level meeting convened at the Prime Minister's Office  in Delhi, the State was asked to draw up a Detailed Project Report (DPR) of the scheme. Pulok Chatterjee, Principal Secretary to the Prime Minister, the Kerala Chief Secretary, P.Prabhakaran, and the Managing Director of Infrastructure Kerala Ltd, T. Balakrishnan, were  involved in the discussions. 

The meeting was convened in response to the Chief Minister, Oommen Chandy's, plea to the Prime Minister, Dr. Manmohan Singh, seeking the Centre's support forthe mega project. Though the finance pattern of the project is yet to be finalised, it is likely to be a private- public partnership venture with technical and financial collabo- ration of the Indian Railways. The green signal to the high speed rail project has come close on the heels of the Kochi Metro Rail, the basic works for which has already begun.

For more questions of Current affairs http://competitiongurumantra.blogspot.in/2012/09/current-affairs-6.html

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