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The '''Eastern Bengal Railway''' (EBR) was formed in 1857 for "the construction and working of a line from Calcutta to Dacca, with a branch to Jessore. Capital 1,000,000''l''. This amount has been sanctioned for the line from Clacutta Calcutta to the Ganges at Kooshtee, near Pubnah, about 80 miles, all that is authorised to be proceeded with at present. Rate of Interest Guaranteed - 5 per cent on 1,000,000''l''." <sup>1</sup>