Railways aims for Rs 30,000 crore more from land-lease – Times of India

NEW DELHI: The Indian Railways aims to generate around Rs 30,000-crore additional revenue over the next five years and subsequently nearly Rs 30,000 crore per year through the new long-term land lease policy, which will accelerate setting up of 300 cargo terminals. The additional revenue generation will be on account of increased freight movement by railways.
Railways minister Ashwini Vaishnaw said the target of developing 300 Gati Shakti terminals within five years is very much possible, considering that nearly 150 players have submitted proposals and have shown interest for setting up of terminals. He said this will boost the cargo movement on railway network and help bring down overall logistics cost.


Speak Your Mind

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get in Touch

350FansLike
100FollowersFollow
281FollowersFollow
150FollowersFollow

Recommend for You

Oh hi there 👋
It’s nice to meet you.

Subscribe and receive our weekly newsletter packed with awesome articles that really matters to you!

We don’t spam! Read our privacy policy for more info.

You might also like

Camping World, Clorox Rise; Norwegian Cruise, Delta Fall

NEW YORK: Stocks that moved heavily or traded substantially Monday:Dunkin’ Brands, up $6.48...

Stack Overflow Users Are Revolting Against an OpenAI Deal

On Monday, Stack Overflow and OpenAI announced a new API partnership that will integrate...

Investor Magic Johnson Teams With Founder Jessica O. Matthews...

“I always wanted to be the love-child of Beyoncé and Bill Nye the Science...