Chandigarh, Aug 5 : Haryana Chief Minister Manohar Lal Khattar has approved Jind-Hansi new rail line project at a cost of Rs 923.26 crore to be completed in a period of four years.
Haryana Finance Minister Captain Abhimanyu on Monday informed that the proposal was approved in a meeting of Standing Finance Committee- C in which Public Works (B&R) Minister Rao Narbir Singh was also present.
He said that Jind-Hansi new rail line project has been developed by Haryana Rail Infrastructure Development Corporation Limited (HRIDC), a joint venture between Ministry of Railways and Government of Haryana. The proposed line starts from existing Jind station on Delhi-Bathinda railway line and ends at existing Hansi station on Bhiwani-Hisar railway line. The construction length from Jind to Hansi will be about 50 km.
The Minister said that the construction of this line will provide direct and fast connectivity between Jind and Hisar as the travel distance will be reduced to about 50 km only. It would help in faster transportation of agricultural produce and fertilizers in this rural belt.
He said that the project would greatly help in social and economic development of this region as well as its adjoining areas. There will be eight railway stations on this line, including two existing stations of Jind and Hansi and six new stations of Intel Kalan, Rajpura, Narnaund, Madha, Kherigagan and Sheikhpura. The total cost of the project is Rs. 923.26 crore. The share of central and state government would be Rs 415.46 crore, HRIDC share would be Rs 253.90 crore and Rs 253.90 crore as debt from NABARD.
Capt Abhimanyu directed HRIDC MD to pursue the matter with Ministry of Railways on priority basis to get the approval from the central government urgently. The grant amount of Rs 415.46 crore would be shared equally by Haryana Government and Central Government. Haryana government will contribute its share of 51 per cent (Rs 129.489 crore) in the equity of HRIDC and the balance 49 per cent share (Rs 124.411 crore) would be contributed by Ministry of Railways.
He said that debt of Rs 253.90 crore as soft loan would be arranged to the HRIDC from NABARD or other financial institution by the state government and the repayment of debts and interest would be repaid by HRIDC. (UNI)