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ADB loan to Railways

ADB loan to Railways

The Asian Development Bank (ADB) would extend loans of up to $500 million to Indian Railways to improve services along some of the busiest freight and passenger routes.

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Wanted: Double-engine pull!

Wanted: Double-engine pull!

The way for Indian Railways to capture back some of the market lost to roads is through privatisation. Although the intent is there, privatisation of rail logistics is a while away because the fundamentals, including documentation formats, do not exist.