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Govt okays private sector participation in rail projects
Govt okays private sector participation in rail projects
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By Amit Bhandari, Fellow, Energy & Environment Studies Programme, The Gateway House: Indian Council on Global Relations 23-November-2012
It would help build the critical links missing in the railway network and evacuation from ports, mines, big industrial units and plants
New Delhi: The Government of India has approved the Railway Ministry’s proposal to involve private sector for speedy execution of rail projects for boosting industrial development and enhancing freight traffic.
The Cabinet Committee on Infrastructure (CCI), headed by Prime Minister Manmohan Singh approved the proposal from the Railway Ministry, sources said.
The policy would provide the much−needed impetus to building the critical links missing in the railway network and evacuation from ports, mines, big industrial units and plants, an official statement said.
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