Railways to build 500 PFT in three years
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