Chennai, June 1 -- The Southern Railway on Sunday refuted reports about non-utilisation of
funds sanctioned for certain projects in Tamil Nadu and Kerala for the current quarter by the Railway Board and that they would be be utilised during the next subsequent quarters.
In a clarification regarding utilization of funds allotted for Southern Railway projects, it said some
sections of the media have reported that Southern Railway has not utilised the allotted funds from
Railway Board for certain railway projects in Tamilnadu and Kerala.
It is clarified that above report does not reflect the factual position, since the allotment and utilisation of funds in individual projects is a dynamic process and keep varying through various quarters ...