Policy for private investment in Railways

NEW DELHI, 11 APRIL: The Railway Board chairman, Mr Vinay Mittal, today said public private participation has received attention with a slew of freight incentive schemes being introduced or modified to be made more customer-friendly. A new policy with five participative models for incentivising private investment in ‘last-mile-rail’ connectivity projects was rolled out for connecting ports, mines and industrial hubs.

Addressing a gathering at the 58th Railway Week award function organised by the Railway Board here, Mr Mittal said a renewed thrust was given to the comfort of passengers by introducing special schemes in catering and cleanliness, modifying the Tatkal scheme to prevent misuse and by promoting Internet ticketing which now covers 48 per cent of the total reserved tickets. A total number of 980 stations have been identified as Adarsh Stations, out of which 711 have already been completed.