✅ Konkan Railway to Merge with Indian Railways

The merger of Konkan Railway with Indian Railways has been cleared, following approval from the Maharashtra government last month.

Merger Highlights:

🔹 Approved By: Maharashtra, Karnataka, Goa, and Kerala governments

🔹 Objectives:
                 🔸 Resolve financial constraints of Konkan Railway
                 🔸 Enhance operational efficiency
                 🔸 Enable infrastructure growth

🔹 Name Retention: Indian Railways will continue to use the name Konkan Railway post-merger

🔹 Financial Settlement: Maharashtra government to be reimbursed ₹394 crore, its contribution during the formation of Konkan Railway Corporation Limited (KRCL) in 1990

Ownership Structure of KRCL (Pre-Merger):

🔹 Ministry of Railways: 51% stake
🔹 Maharashtra: 22% stake
🔹 Karnataka: 15% stake
🔹 Goa & Kerala: 6% each

Extra Information:

🔹 Konkan Railway is a 741-kilometre scenic railway line connecting Maharashtra, Goa, Karnataka, and Kerala
🔹 The first passenger train on Konkan Railway ran on March 20, 1993, between Udupi and Mangalore