1. 16 states agreed to have JV with Railways: Suresh Prabhu

16 states agreed to have JV with Railways: Suresh Prabhu

Railway ministry has written to Tamil Nadu government to explore possibility of redevelopment of stations in the state by forming a joint venture, Railway Minister Suresh P Prabhu said today.

By: | Coimbatore | Published: September 4, 2016 12:15 AM
(AP) “If Tamil Nadu also agrees, it will help us expedite the process for more infrastructure for the state”, he said. (AP)

Railway ministry has written to Tamil Nadu government to explore possibility of redevelopment of stations in the state by forming a joint venture, Railway Minister Suresh P Prabhu said today.

So far 16 states have agreed to have a joint venture with Railways for creating more infrastructure facility, Prabhu told reporters here.

“If Tamil Nadu also agrees, it will help us expedite the process for more infrastructure for the state”, he said.

“We have written a letter to Chief Minister (Jayalalithaa) to explore the possibility of redevelopment of the railway stations in Tamil Nadu,” he said.

“There can be many opportunities in addition to what we are already doing,” Prabhu said.

Later in an interactive session at Leadership Summit “making the difference” organised by CII, Prabhu said the share of the freight revenue for Railways has dwindled to 50 per cent from the 98 per cent, a few decades ago.

The ministry is negotiating with various industrial sectors, including steel industry, for its transportation, as the freight charges have been reduced to attract more cargo, he said.

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  1. H
    Harry Who
    Sep 5, 2016 at 3:02 am
    Poor journalism. There is no mention of what station redevelopment involves. Apparently JV involves use of station premises and land around it to better utilise the station and surrounding land by building multi storey buildings or other infrastructure like a intermodal bus station etc.
    Reply
    1. P
      PATTABIRAMAN
      Sep 5, 2016 at 2:42 am
      It should be on mutual development of both Tamilnadu and the Railways. It cannot be one way in any respect. Railways cannot and should not be bulldozers on the rights and benefits of any State under any situation including the postings of personnel.
      Reply

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