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Govt likely to shift focus to railways from road transport in infra push

Business Standard LogoBusiness Standard10h ago

Govt likely to shift focus to railways from road transport in infra push - Business Standard

Quick Summary:

The increase would help fund the expansion of state-run Indian Railways' more than 68,000 km of track and a goal of adding 400 high-speed Vande Bharat trains by March 2027, as well as an in rail freight, the source said.

India's finance, road transport, and railways ministries did not respond to emails seeking comment.

The road transport ministry plans to raise additional funds by selling toll collection rights to private firms and monetising road assets.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 18:27:45 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25285005

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 359 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #49

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