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Industry, Rail Min discuss pvt participation

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BS Reporter New Delhi

Realising the growing constraint of funds for creating additional infrastructure in the railway sector, the railway ministry today held discussions with the industry on options to make private participation more attractive.

During the meeting, Railway Board Chairman Vivek Sahai urged industry representatives for participation in freight-marketing schemes. The schemes are aimed at developing private freight terminals, automobile hubs, investment in the Special Freight Train Operator Scheme and Wagon Investment Scheme.

The ministry has issued several policies on freight marketing in the past two years for building infrastructure with private sector participation. The industry has responded only to some of these schemes so far.

 

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First Published: Nov 13 2010 | 1:13 AM IST

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