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Thiruvananthapuram, India(Metro Rail Today): The Kerala state cabinet decided to declare the Kerala Rail Development Corporation Limited (K Rail) as a special purpose vehicle for land acquisition for the Silver Line Semi High Speed Rail Project . The decision was taken on September 22, 2021. This project needs to get a loan of Rs 2100 crore from Kerala Infrastructure Investment Fund Board (KIIFB).
955.13 hectares of land will be acquired for the project in Thiruvananthapuram, Kollam, Alappuzha, Pathanamthitta, Kottayam, Ernakulam, Thrissur, Kozhikode, Malappuram, Kannur, and Kasaragod districts.
According to the United Democratic Front (UDF) sub-committee report, the silver line semi high speed rail ( Thiruvananthapuram to Kasaragod) project was an unviable project and should not be allowed to go forward. The sub-committee of the (UDF), led by former State PWD Minister M.K Muneer in their report has pointed out that the project will cause a big loss to the state exchequer and a huge environmental damage.
UDF and the Kerala Sasthra Sahithya Parishasth are not in favor of this decision but the government has decided to go ahead with the project.
The 529.45 km Silver Line corridor connecting Kasaragod and Thiruvananthapuram, with an operating speed of 200kmph, eases the transport between North and South ends of the state. It will also reduces the total travel time to less than 4 hours. presently the travel time is 10 to 12 hours.
Out of the estimated cost, Rs 11,535 crore has been estimated for overall compensation. Amount of Rs 975 crore will be for taking over the railway land, Rs 6,100 crore for acquiring private land and Rs 4,460 crore to pay compensation to structures that will suffer damage. Rs 1,730 crore will be spent on rehabilitation and resettlement.
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