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No FDI in train operations: Railway Board Chairman
Scouting for resources to meet its fund crunch, Railways is open to the idea of even 100 per cent FDI in its infrastructure development but would keep train operations out of its ambit. "We have given our suggestion to the ...
Govt proposes 'highest ever' plan outlay for railways
Government on Tuesday proposed "highest ever" plan outlay of Rs 65,445 crore to the railways for the current fiscal, with a budgetary support of over Rs 30,000 crore. Presenting the Railway Budget for 2014-15, Railway Minister Sadananda Gowda said the ...
Railways to borrow Rs 11,790 cr in 2014-15
Indian Railways will borrow less at Rs 11,790 crore from market through its two companies IRFC and Rail Vikas Nigam Ltd for capital expenditure during 2014-15. The estimated market borrowing by these two companies during current fiscal were pegged at ...
Slowdown, delays impact developers' interest in PPP models
Liquidity constraints, approval delays and the lingering slowdown have forced developers not to take up large infrastructure and road projects on PPP basis, compelling government agencies to award projects as cash-contracts, say industry experts. The government has laid emphasis on ...
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