Welcoming the Rail Budget 2014-15 SAIl Chairman CS Verma said it’s growth-oriented and has a highest ever plan outlay of Rs 65,445 crores in FY15.
The thrust on close monitoring of dedicated freight corridor projects, new High Speed and Semi-high speed projects, track renewal, development of wagon leasing business, up-gradation of stations, procurement of rolling stock, doubling and tripling of lines and gauge conversion is likely to boost steel consumption. We also welcome the railways proposal to launch online demand registration.