Post Date : September 16, 2020
With the cabinet approving the Haryana Orbital Rail Corridor project from Palwal to Sonipat via Sohna-Manesar-Kharkhauda, the nod will prove to be consequential for heightening the connectivity in the region apart from stepping up employment opportunities and laying the ground for potential investments. We take a look at what holds for the region in the days to come, with the inception of this project .
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Monday gave their nod of approval to the Haryana Orbital Rail Corridor Project from Palwal to Sonipat via Sohna-Manesar-Kharkhauda.
The estimated completion cost of the project is reportedly INR 5,617 crore and it is likely to be completed in 5 years.
This Rail Line is set to start from Palwal and end at the existing Harsana Kalan station (On Delhi-Ambala section). It is also deemed to provide connectivity en route to existing Patli Station (on Delhi-Rewari line), Sultanpur station (on Garhi Harsaru-Farukhnagar Line) and Asaudha Station (on Delhi Rohtak Line).
The project will be implemented by Haryana Rail Infrastructure Development Corporation Limited (HRIDC) that is a joint venture company set up by the Ministry of Railways with Government of Haryana.
Palwal, Nuh, Gurugram, Jhajjar and Sonipat districts of Haryana will be benefitted through this rail line, as shared by the Ministry of Railways.
Streamlining traffic and a starter for Multimodal Logistics
The project will greatly enable diversion of traffic not meant for Delhi thus leading to decongestion in the NCR and will provide impetus to developing multimodal logistics hubs in Haryana State sub-region of NCR.
It is also primed to facilitate high-speed seamless connectivity of this region to Dedicated Freight Corridor network thereby leading to significant reduction of cost and time of transportation for EXIM traffic from NCR to ports of India.
This is also expected to making exports of goods more competitive.
The project will connect distant areas of the state of Haryana and will consequently lead to significantly boosting economic and social activities in Haryana.
“This multipurpose transport project will also facilitate affordable and faster commuter travel, long-distance travel in different directions from Gurugram and the industrial regions of Manesar, Sohna, Farukhnagar, Kharkhauda and Sonipat,” said the Ministry of Railways.
“Approximately 20,000 passengers each day will be travelling through this line and 50 Million Tonnes of goods traffic would also be carried out every year,” they added.
Power Play for Potential Investments
The project will prove to be a major tool in attracting investments from multi-national entities. Chief Minister Manohar Lal Khattar had also tweeted about the same.
He said that apart from promoting a self- reliant India or “Atmanirbhar Bharat”, the project will also speed up economic activities and foreign investments.
Deputy CM Dushyant chautala had also opined the same, writing that the project will facilitate export-import by opening travel vistas from NCR to Indian ports while decreasing travel time and cost. He stated that 20,000 people will be able to travel on the rail line every day.
The move has been wholeheartedly welcomed by industries and has been said to be “ground breaking”.
It will also provide fillip and give a much-required boost to the fall in investor sentiments.
“It has sent a positive message among industrialists in this region that better times can be expected in the days to come”, says IMT Manesar Industrial Association president PK Yadav.