Railways to push for Rs 35,000 crore fund for infrastructure building

Railways to push for Rs 35,000 crore fund for infrastructure building

Aiming at a major push for infrastructure, the railways will raise Rs 35,000 crore with World Market assistance to create a separate fund for investment in rail sector.

The proposed Railways of India Development Fund (RIDF) would be independent of rail budget and intended for all big ticket rail-based projects, including station redevelopment, rail expansion, port connectivity and freight terminal upgradation in PPP model. Read more

Credits:economictimes.indiatimes.com

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