PPP in railways allowed

The government has allowed a private investment policy in the railways. The performance of Railways in PPP (Public-Private Partnership) projects has been dismal. Now, the Govt will try 5 different models for inviting private sector participation for last-mile connectivity projects in Railways. With this the government hopes it will be able to have speedier implementation of Railway projects. Public Private Partnership (PPP) models will attract funds for stalled and new projects of Railways.

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Categories: India Current Affairs 2018

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