The Prime Minister’s Office (PMO) will henceforth directly monitor the progress of the construction of the Dedicated FreÂight Corridor (DFC), virtually taking the job away from the Railways.Prime Minister Manmohan Singh held a meeting in February to take stock of the proÂgress, apparently dissatisfied with the role of the Railways which was primarily to monitor the progress of the job, the execution of which had been handed over to the Dedicated Freight Corridor Corporation of India (DFCCIL).
Tag: Railways
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Railways plans new investment policy
Railways plans to go with build, operate and transfer (BOT) model as part of a new investment policy to attract priÂvate participation in rail conÂÂneÂctivity and capacity augÂmeÂntation projects.
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Japan to invest in road, maritime sectors
After investing in the railways and metro rail transportation in India, Japan is looking to step up its investments in roads and maritime sectors. A Japanese delegation led by Takeshi Maeda, Japanese Minister for Land, Infrastructure,
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IRFC bond issue
In order to fund the acquisition of rolling stock and financing capacity enhancement, Indian Railway Finance Corporation (IRFC) expects to raise Rs 6,300 crore from its ongoing tax-free bond issue.
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Railways keen on PPP model for infrastructure
Railways is seeking the coÂoperation of the private sector for developing rail infrastructure in the country. For this purpÂose, Railways has framed pubÂlic-priÂvate participation (PPP) inveÂstment models for its exiÂsting as well as new projects. It has also drafted policy for priÂvate participation in rail connÂectiÂvity and capacity augÂmenÂtation projects.
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Port connectivity: The efficiency linkages
Bankers say ports are one of the best sectors to finance to. With the frenetic growth envisaged in the 2020 Agenda, port connectivity is impatiently awaited as the government works on four-lane roads and rail lines linking the gateways to the hinterland.
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Sowing seeds in the right land
Sameer K Bhatnagar presents an investment landscape for Canadian companies to invest in India and outlines the major sectors where opportunities lie. These are interesting times for infrastructure comÂpanies in India.
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Rail freight rate hike
The Railways' decision for a more than 15 per cent across-the-board hike in freight rates hit hard on the industry at the time of high inflation.
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Double-stack container train
Railways have decided to run double stack container trains between Gurgaon and Mundra Port in Gujarat. This will provide a boost to the transportation of cars, steel and consumer goods.
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Railways plans Rs 50,000 cr pvt investment
Indian Railways aims to attract private investments worth Rs 50,000 crore for its expansion projects during the 12th Five Year Plan period.