Friday, December 7, 2012

Policies for Private Investment in Railways

Posted by Government Staff on 9:35 PM. ,,,,,, - No comments


Ministry of Railways

Policies for Private Investment in Railways

A number of policies were announced during Eleventh Five Year Plan to encourage private investment in terminals and wagons. These include: Private Freight Terminal policy (PFT), Special Freight Train Operations (SFTO) policy, Automobile Freight Train Operators (AFTO) policy, Auto-hub-ancillary policy, Operation of Container Trains, R3i (Railways’ Infrastructure for Industry Initiative) and R2CI (Rail connectivity to coal and iron ore mines) policies to facilitate participation of private sector in the development of Railway Infrastructure.

While these policies will continue to be pursued during the Twelfth Five Year Plan, a revised policy for encouraging private participation in rail connectivity projects has been approved recently by the Union Cabinet.

Approval of 53 rakes have been given under Liberalized Wagon Investment Scheme, 3 rakes approval have been given for Special Freight Train Operators Scheme, notification for 8 Private Freight Terminal have been issued, 17 private container train operators have now been given permission for operation of container trains.

This information was given by the Minister of State for Railways Shri Adhir Ranjan Chowdhury in written reply to a question in Lok Sabha today.
PIB

0 comments:

Post a Comment

Now Trending

34% DA Order for Central Govt Employees wef 01.01.2022 - Latest CG Employees DA Order Jan 2022

 DA Order for Central Government Employees from Jan 2022 - Finmin Order 2022 Latest CG Employees DA Order Jan 2022 Dearness Allowance payabl...

Disclaimer:

All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes. Our blog "Central Government Staff news" accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents. Users are advised to verify/check any information with the relevant department(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the blog.

Links to other websites that have been included on this blog are provided for public convenience only.

The blog "Central Government Staff news" is not responsible for the contents or reliability of linked websites and does not necessarily endorse the view expressed within them. We cannot guarantee the availability of such linked pages at all times.

Any suggestions write to us
centralgovernmentnews@gmail.com