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Poorva Express: हुगली सी बहती तेरी चाल है पूर्वा तू बेमिसाल है - Keshav Singh

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Blog Entry# 1345411
Posted: Jan 20 2015 (07:51)

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Last Response: Jan 20 2015 (07:51)
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Jan 20 2015 (06:54)   Railways to float SPVs with state governments
 

Rang De Basanti^   138872 news posts
Entry# 1345411   News Entry# 209680         Tags   Past Edits
Hyderabad: Railway minister Suresh Prabhu on Monday said the public transporter intends to form special purpose vehicles (SPVs) with different state governments to undertake projects, as...

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Jan 20 2015 (07:51)
MSRINIVASANME~   4761 blog posts
Re# 1345411-1              
The railway minister added that the government is exploring the possibility of raising loans from foreign pension funds at cheap interest rates. “We will negotiate for the best results,” he said at a seminar on public private partnerships and foreign direct investment in Indian Railways.
Good and welcome move by our RM who tries to get the cheapest interest rate loan for the development of our IR SYSTEM.
Moreover the SPECIAL PURPOSE VEHICLE Funds arrangements with all the State government also vastly benefited for the additional Railway infrastructures developments in all the states
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where the Projects are implemented in the Super Fast Track mode .

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