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Our Bureau

New Delhi , Aug. 18

INDIAN Railways plans to invest around Rs 4,571 crore for procuring rolling stock comprising coaches, wagons, diesel & electric locomotives during the current financial year 2004-05, says an official release.

While the Ministry plans to spend Rs 1,411 crore, the remaining amount will be raised by Indian Railways Finance Corporation (IRFC), said officials.

During the year, 32 trains, as announced in the Railway Budget, are to be introduced. For this, various aspects such as terminal capacity, availability of path or section and rolling stock have been taken into account and geared up accordingly.

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