India, May 28 -- The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the construction of a 108.134 km long Badvel-Nellore Corridor at a cost of around Rs.3653.10 crore.

The Cabinet Committee on Economic Affairs has also approved two railway multi-tracking projects to make passenger and goods transport smoother and faster across the railway network. These projects will cost about Rs.3,399 crore and are expected to be finished by 2029-30.

According to the Centre, the aim of the project is to make travel more convenient, cut logistics costs, reduce oil imports, and lower carbon emissions - all supporting a more sustainable and efficient railway system. These upgrades are also expected t...