A new company will be created to execute the project, Railway Minister Suresh Prabhu on Saturday said.

"In the next few days, we will create a company with the Maharashtra Government, which will develop rail lines in different parts of the State," Prabhu told reporters on the sidelines of an event here.

The agreement would be limited to Maharashtra," he urged, adding, the improved rail connectivity will help bridge development gap between regions and enlisted possible routes which may be taken up.

These included laying tracks in the Naxal-affected Gadchiroli district in Vidarbha; establish a line betweenKolhapur in Western Maharashtra and Vaibhavwadi in the coastal Sindhudurg district and another between Karad and Chiplun, connecting the developed Western Maharashtra with Konkan.

Chief Minister Devendra Fadnavis welcomed the move, saying the agreement may be signed within ten days and promised full help from his Government for the project.

He suggested rail routes connecting under-developed Yavatmal district of Vidarbha with Nanded in neighbouring Marathwada and another line linking Ahmednagar with Beed in Marathwada.

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