Goods sheds of Indian Railways (IR), many of which are in a dilapidated and abandoned condition, may soon become revenue churners for the transporter, as it plans to hand them over to private investors to build freight terminals.
Railways has already appointed a committee of five officers to work on a policy in this regard and the committee is expected to submit its report in three weeks.
According to a railway official, “The railways has around 1,000 goods sheds which require incremental investments. There is a good number of sheds which are in poor state and goods movement is slow. We are thinking to make them operate like private freight terminals (PFTs) which are running very efficiently.” Read More