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In this extensive interview to INFRASTRUCTURE TODAY, he says that it is entirely up to the Railways on how it would like to leverage its unique position as the country’s most inclusive transporter.
As a special purpose vehicle (SPV), the Indian Railway Stations Development Corporation (IRSDCL) is responsible for executing the largest transit-oriented development (TOD) programme globally for 600 railway stations.
Kannur airport will be provided with all possible help to make it fully operational by September this year.
Under Pradhan Mantri Awas Yojana (PMAY), Nagpur Metropolitan Region Development Authority (NMRDA) has decided to implement this scheme in green belt and no development zones too.
The Andhra Pradesh government has geared up to acquire land for the proposed sea port in Machilipatnam.
Earlier, AIIB had committed Rs 75 billion in projects that included a rural connectivity project in Madhya Pradesh; the Bangalore Metro; power transmission in Tamil Nadu; rural roads in Gujarat; and the power-for-all project in Andhra Pradesh.
The Asian Infrastructure Investment Bank AII) is likely to invest $200 million in a fund of funds set up by India to take interest in infrastructure projects.
Considering, India's substantial infrastructure requirement, Asian Infrastructure Investment Bank (AIIB) has plans to invest around Rs 127 billion in projects including transport (metro), rural (road upgradation), energy (renewables) and water and waste management.