In another historical Rail Budget presented by Shri Prabhuji , he has once again taken care of Konkan by gifting a new rail line to be constructed between Vaibhavwadi station on Konkan Railway and Kolhapur on Central Railway. This work will be done on cost sharing basis by Indian Railway with Govt of Maharashtra.
With the construction of this line the ports of Konkan region will get a shorter link into the agricultural and industrial heartland of Maharashtra and Northern Karnataka. This will lead to faster development of the ports and consequential benefits to Konkan Region by way of more jobs and economic prosperity.
Total Length of the Project is 108 Kms, with an estimated cost of ` 3456 Cr with a likely completion period of 55 months (Detailed Salient Features enclosed).
Similarly, there is an another gift to Konkan Region i.e. Rolling Stock Manufacturing and Rehabilitation Factory will be set up in Ratnagiri District at an estimated cost of ` 300 Crs. which will be a great boon to the Konkan Region.