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
Latest posts by The Economic Times (PTI) (see all)
- India To Achieve 175 GW Renewable Energy Ahead Of 2022 Deadline - February 24, 2018
- Saudi Keen To Have Stake In West Coast, Kakinada Project: Dharmendra Pradhan - February 24, 2018
- Modi Govt Plans Gobar-Dhan Scheme To Convert Cattle Dung Into Energy - February 22, 2018