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Prof K Nageshwar: Budget Focuses On More Private Investments (Video)

         Given that fund requirement to develop the Indian Railways are too huge to be met by government, public private partnership in various areas of railways like rolling stock, among others, will have to stressed upon, she added. Railways will require Rs 50 lakh crore over a 12 year period of between 2018-2030, she said adding that the Indian Railways requires almost Rs 1.5 lakh crore every year. It will take decades to complete all sanctioned projects, the Finance Minister admitted.

https://www.thehindubusinessline.com/economy/budget/budget-2019-railway-infrastructure-needs-rs-50-lakh-crore-till-2030-says-sitharaman/article28292617.ece

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Prof K Nageshwar: Budget Focuses On More Private Investments (Video)

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Prof K Nageshwar: Budget Focuses On More Private Investments (Video)
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Given that fund requirement to develop the Indian Railways are too huge to be met by government, public private partnership in various areas of railways like rolling stock, among others, will have to stressed upon, she added. Railways will require Rs 50 lakh crore over a 12 year period of between 2018-2030, she said adding that the Indian Railways requires almost Rs 1.5 lakh crore every year. It will take decades to complete all sanctioned projects, the Finance Minister admitted. https://www.thehindubusinessline.com/economy/budget/budget-2019-railway-infrastructure-needs-rs-50-lakh-crore-till-2030-says-sitharaman/article28292617.ece

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