Railways, Maha to form joint venture to fast-track projects

Indian Railways is set to form a joint venture with Maharashtra government to fast-track 20 rail projects in the state, according to reports. The venture would include projects like new suburban corridors between Panvel and Karjat, and quadrupling of Virar-Dahanu road. Reportedly, Railways in collaboration with the state government will spend ₹55,000 crore to upgrade the railway network in Mumbai.