Tuesday, Jun 3 2025 | Time 12:56 Hrs(IST)
States » SouthPosted at: Jun 1 2025 8:53PM


Unutilised funds granted for TN, Kerala projects in current quarter to be used in subsequent quarters : SRly clarifies

Chennai, June 1 (UNI) 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 based on various parameters.
The release of funds in stages is matched with the physical progress at site and the capacity of the project to utilize the money in a given quarter. And when there is a mismatch, the unutilised funds
are moved to projects needing more funds.
Noting that any project is ready for utilising the funds only, it said when the project's final location survey and the final alignment of line is finalized, detailed project report(DPR) is finalised and approved by the Ministry, Land acquisition with the help of state government is completed, at least
for major length of the project and tendering process for fixing the agencies is completed for the execution of the work.
Pointing out that a few projects in Tamilnadu and Kerala are currently in various stages of these milestones, it said hence a routine official correspondence was made by SR to the railway board
that the funds allotted for certain projects which are not going to be utilised within current quarter
and will be sought in the subsequent quarters, has been misinterpreted wrongly by certain sections of the media due to ignorance and sketchy information.
The flow of funds between Zonal Railways and Railway Board is an internal dynamic process which aim at maximizing the effective utilisation of the national resources. And there is no dearth of funds
for the projects in Indian Railways and Southern Railway continues to receive maximum funds for
the projects as and when required, it said.
It is reiterated that Southern Railway is committed to execute all its sanctioned projects in it's jurisdiction, especially in the states of Tamilnadu and Kerala.
UNI GV 2045
Tags: #Unutilised funds granted for TN# Kerala projects in current quarter to be used in subsequent quarters : SRly clarifies
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