The Indian Railway Station Development Corporation is now looking to modernise 90 stations across the country.
The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.
The projects - Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad, and Varanasi-Howrah - are expected to cost around Rs 10 trillion.
The Mahayuti alliance has released its manifesto for the upcoming Mumbai civic elections, promising technology-led governance, concessions for women, and addressing issues like illegal immigration and infrastructure.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.
The estimated cost of the project is around Rs 1,642 crore.
Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
Experts say Prabhu displays a clear intent of reforms but has not been able to fully shake-up the mammoth railway system.
'Making the railways better is a different type of a challenge.'
In a significant development, Indian Railways on Thursday joined hands with China to increase speed in its existing rail network, modernise stations and enhance mutual cooperation in the sector in the country.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
In the history of Indian railway budgets, Suresh Prabhu will perhaps be the first railway minister not to have announced either a single new train or a new railway line
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
The PMO said mass yoga demonstrations will be organised at 75 iconic locations across the country under the leadership of 75 Union ministers, with Modi attending the exercise at Mysore.
The ministry has also decided to offer station for redevelopment by inviting open bids from companies.
The redevelopment of stations is good news for construction companies.
Piyush Goyal has begun his term as railway minister with characteristic energy, but not all his new initiatives are being praised
The average rating was seven out of 10.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
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