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Cabinet approves Resolution for adoption of the recommendations of the Railway Convention Committee (2014) as contained in their Sixth Report on "Rate of Dividend payable by the Railways to the General Revenues for the year 2016-17 and other ancillary matters"

Delhi 

approves Resolution for adoption of the recommendations of the Railway Convention Committee (2014) as contained in their Sixth Report on "Rate of Dividend payable by the to the General Revenues for the year 2016-17 and other ancillary matters"

The Union chaired by Prime Minister Shri Narendra Modi has approved the proposal of Ministry of to move a Resolution in both the Houses of Parliament adopting Railway Convention Committee (2014)'s recommendations that for the year 2016-17, purely as a one-time move, the Rate of Dividend payable by to the General Revenues be waived off.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 16 2017. 00:20 IST