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India report INDIA'S GREATEST RAIL PROJECT SINCE
INDIA’S $1.65 billion Eastern Dedicated Freight Corridor (EDFC) is a freight-only railway line – one key part of India’s most ambitious railway project since national independence in 1947. India’s contribution to the EDFC’s budget is $550 million. The World Bank (headquartered in Washington, DC) has provided $1.1 billion.
The completion of 1200-km Ludhiana-Mughalsarai stretch of the EDFC is a particularly important piece of the puzzle. And it’s especially so since the EDFC is a critical part of the Dedicated Freight Corridor (DFC).
In light of the problems plaguing Indian Railways (IR), the government’s development objectives for