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Govt to handover all ongoing Railway projects ‘Public Private Partnership’
TIWN July 6, 2019
Govt to handover all ongoing Railway projects ‘Public Private Partnership’
PHOTO : Humsafar Express.

NEW DELHI / AGARTALA, July 6 (TIWN): As various ongoing projects are in hands across India, just like Indo-Bangla Railway Project in state Tripura, Finance Minister Nirmala Sitharaman did not announce any addition to the railway capex.

Finance Minister Nirmala Sitharaman on July 5 in her maiden Budget speech said that the Indian railways will use Public Private Partnership (PPP) model for faster development, rolling stock manufacturing and the delivery of freight.

Railways will need Rs 50 lakh crore between 2018 to 2030 to complete the sanctioned projects, she said.

Indian Railways set a target of 100 percent electrification of tracks by 2022 and achieved Rs 1,320 crore capex in FY19.

Tripura was introduced with Broad Gauge in 2020. 

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