NewsFree365
--°
India
2 views

Railways eyes state, local body funding to speed up projects

The move is aimed at easing delays caused by land acquisition, statutory clearances and other local-level bottlenecks, while bringing more resources into railway network expansion.

Railways eyes state, local body funding to speed up projects
logo
The latest proposal would formally incorporate a larger role for states and local bodies into the PPP framework.(Mint)
Summary

The move is aimed at easing delays caused by land acquisition, statutory clearances and other local-level bottlenecks, while bringing more resources into railway network expansion.

New Delhi: Indian Railways has proposed giving state governments and local bodies a bigger role in funding and and executing railway projects, particularly new lines and gauge conversion, two people aware of the matter said.

Mint Verified Source

Reported by Subhash Narayan · Syndicated via official news feed

Explore all India stories

Syndicated feed content with full publisher credit.