Maharashtra Approves Merger of Konkan Railway with Indian Railways
Category | Details |
---|---|
Event | Merger of Konkan Railway Corporation Limited (KRCL) with Indian Railways |
Date of Approval | May 23, 2025 |
Key States Involved | Maharashtra, Goa, Karnataka, Kerala |
Shareholding Pattern | Government of India: 51%, Maharashtra: 22%, Karnataka: 15%, Goa: 6%, Kerala: 6% |
Route Length | 741 km (Roha, Maharashtra to Mangaluru, Karnataka and further to Kerala) |
Established | 1990 as a Special Purpose Vehicle (SPV) under the Ministry of Railways |
Operational Since | January 1998 |
Conditions by Maharashtra | Retention of the name "Konkan Railway"; reimbursement of ₹394 crore |
Implications for Passengers | Enhanced connectivity, standardised booking and fare systems, improved service quality and safety |
Implications for Region | Boost to local economies, tourism, and employment; encouragement for new projects |
Implications for Employees | Realignment of hierarchies and service structures during integration |