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Railway ministry drops plan to monetise stations

Railway ministry drops plan to monetise stations

Rediff.com13 Dec 2022

The ministry of railways has dropped its proposal for monetisation of stations on public-private partnership mode, and projects are now being taken up under engineering, procurement and construction (EPC) mode, a source said. The source also told PTI that the ministry of railways has been asked to expedite monetisation of other assets, including trains, goodsheds, hill rail, stadiums, railway colonies and railway land parcels among others. "Largest asset class (stations) dropped. Stations earlier proposed on PPP mode are now being taken up under EPC mode," the source said.

Govt suspends highway toll till Nov 11 midnight

Govt suspends highway toll till Nov 11 midnight

Rediff.com9 Nov 2016

To deal with the chaos at toll plazas arising out of the government's junking Rs 500 and Rs 1,000 notes, the government has suspended fee collection on all booths at National Highways till the midnight of November 11.