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Despite FM’s red flag, Railways...

By Arun Kumar Das, New Delhi : Despite...

Despite FM’s red flag, Railways to push 99-year lease proposal for station redevelopment

By Arun Kumar Das, New Delhi : Despite the Finance Ministry's objections, Indian Railways is pushing ahead with a proposal to involve the private sector in redeveloping 600 stations on an extended 99-year lease - as opposed to the 45-year lease proposed earlier for 400 stations. The Railways will seek Cabinet approval for its amended proposal at a time key initiatives of the national transporter, such as 100 per cent electrification, installation of European train control systems and free Wi-Fi at all stations, among others, have not found favour with the...

Despite FM’s red...

By Arun Kumar Das, New Delhi : Despite the Finance Ministry's objections, Indian Railways is pushing ahead with a proposal to involve the private sector...
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