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Blog Entry# 2295469
Posted: May 27 2017 (15:50)
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Last Response: May 27 2017 (15:50)
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Last Response: May 27 2017 (15:50)
May 26 2017 (22:42) Indian Railways to set up ₹35,000 crore fund for projects
Nothing_11 218 news posts
The Railway Ministry will send a proposal for the Union Cabinet approval later this month to set up a Railways of India Development Fund with a...
* It would be better if the fund is used to create fixed and nonperishable assets like track, bridges, tunnels, signalling etc rather than using it for consumable asset like coaches,wagons etc.
* Rs 5000 Cr per year is not a very big amount, but certainly add to the other funds raised by IR including internal generation.
* This fund must go to financially viable projects only, so that the internal generation of IR improve in the future and the loans can be repaied without putting any financial burden of IR.
* Rs 5000 Cr per year is not a very big amount, but certainly add to the other funds raised by IR including internal generation.
* This fund must go to financially viable projects only, so that the internal generation of IR improve in the future and the loans can be repaied without putting any financial burden of IR.