Nod for private role in railway projects

By IANS,

New Delhi: Aiming at speedy execution of rail projects, the government Thursday approved a policy to facilitate private participation in boosting industrial development and enhancing freight traffic.


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The Cabinet Committee on Infrastructure (CCI), headed by Prime Minister Manmohan Singh approved the proposal from the railway ministry, said sources.

The policy would provide the much-needed impetus to building the critical links missing in the railway network and evacuation from ports, mines, big industrial units and plants, said a release.

It will also give a boost to industrial development of the country and significantly enhance freight traffic, it said.

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