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.
The 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.
East Coast Railways (ECoR) General Manager Umesh Singh said the details about the new projects, new trains and other aspects could be known on Friday.
Union Finance Minister Arun Jaitley did not mention about the amount to be spent for celebrating the bicentenary of the Paika revolt.
Union 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.