Indian Railways & Punjab Govt tie-up for rail projects

The Indian Railways and the Punjab Government have decided to form a joint venture company to fast track planned rail projects in the state as well as take up new projects, including creation of ultra modern railway stations and laying new railway tracks. Announcing a first of its own kind joint development venture for the railways here along with Deputy Chief Minister Sukhbir Singh Badal after attending a public rally Union Railways Minister Suresh Prabhu said the new venture would transform the Indian Railways and make it a truly modern entity.