Budget 2022: 400 new Vande Bharat trains to be manufactured in 3 years, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday said that the Indian Railways will manufacture 400 new Vande Bharat trains over the next three years.

"Four hundred new-generation Vande Bharat Trains with better energy efficiency and passenger riding experience will be developed and manufactured during the next three years," Sitharaman said during her Budget speech.

She said the Indian Railways will develop new products and efficient logistics services for small farmers and Small and Medium Enterprises, besides taking the lead in integration of Postal and Railways networks to provide seamless solutions for movement of parcels.

"'One Station-One Product' concept will be popularized to help local businesses & supply chains," she added.

Besides, 2,000 km of rail network will be brought under Kavach, the indigenous world-class technology for safety and capacity augmentation in 2022-23.

"100 PM GatiShakti Cargo Terminals for multimodal logistics facilities will be developed during the next three years," the finance minister said.

For metro trains, innovative ways of financing and faster implementation will be encouraged for building metro systems of appropriate type at scale.

"Multimodal connectivity between mass urban transport and railway stations will be facilitated on priority. Design of metro systems, including civil structures, will be re-oriented and standardized for Indian conditions and needs," the finance minister said.

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