Rail­ways to build 500 PFT in three years

Cargo Talk - - Dangerous Goods -

Ina bid to boost pri­vate in­vest­ment in rail sec­tor, In­dian Rail­ways is aim­ing to build 500 Pri­vate Freight Ter­mi­nals (PFT) in the next three years un­der Pub­lic Pri­vate Part­ner­ship (PPP) model, said Manoj Sinha, Union Min­is­ter of State for Rail­ways. Fur­ther, to at­tract more in­vest­ment in the rail sec­tor, the cen­tral govern­ment is work­ing on lib­er­al­is­ing poli­cies, Sinha said.

Cur­rently there are 27 PFTs in In­dia. “Pri­vate in­vest­ment can play a ma­jor role in growth of the rail sec­tor. Un­der the PPP model, In­dian Rail­ways will set up 500 PFT in next three years,” adds Sinha.

Ac­cord­ing to Sinha, govern­ment is work­ing on in­vestor friendly at­mos­phere to at­tract in­vest­ment from pri­vate play­ers in rail­way sec­tor.

Dur­ing April and De­cem­ber 2015, freight traf­fic of In­dian Rail­way in­creased by 1.01 per cent to 816.71 mil­lion tonnes as against 808.57 tonnes in cor­re­spond­ing pe­riod last year while earn­ings went up by 6.57 per cent to

80,977.38 crore from 75,985.56 crore dur­ing the time. of dan­ger­ous goods dur­ing the stor­age and trans­port process, in­clud­ing load­ing and un­load­ing. From the reg­u­la­tory per­spec­tive of the goods. The dan­ger­ous means that world’s traded sheer amount of goods ship­ments there is a great

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