Railways to form SPVs with 17 states for infra development



News:

  • Railway Minister Suresh Prabhu said his ministry will form special purpose vehicles (SPVs) with 17 states to develop railway infrastructure.
  • According to the minister Maharashtra has decided to invest Rs 10,000 crore for next five years in this company.
  • He also announced 250 additional trains to clear the rush during forthcoming Ganesh Chaturthi festival, which would be celebrated across Maharashtra’s Konkan region and Goa in September.
  • Prabhu said 17 stations on KRCL route will have wi-fi facility and escalators will be installed in the stations, including Margao, Ratnagiri, Kankavali and Thivim.

Source: ET


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