The government is moving swiftly to allow foreign direct investment in the hitherto closed railways to upgrade infrastructure for freight and high-speed trains.
The commerce and industry ministry has initiated the exercise to allow 100% FDI in several segments such as high-speed train systems, dedicated freight lines built through public-private partnerships and in certain areas of suburban rail networks. At present, there is a ban on any kind of FDI in railways, except mass rapid transport systems.
High speed trains and dedicated corridors are top agenda items for the BJP government.
The commerce and industry ministry has initiated the exercise to allow 100% FDI in several segments such as high-speed train systems, dedicated freight lines built through public-private partnerships and in certain areas of suburban rail networks. At present, there is a ban on any kind of FDI in railways, except mass rapid transport systems.
High speed trains and dedicated corridors are top agenda items for the BJP government.
No comments:
Post a Comment