Business Daily from THE HINDU group of publications
Tuesday, Apr 22, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Tuesday, Apr 22, 2008 ePaper | Mobile/PDA Version | Audio |
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Logistics
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Railways Rlys hopes for bigger pie of goods traffic with dedicated corridor Our Bureau New Delhi, April 21 The Railways hopes to grab larger share of goods once the dedicated freight corridor (DFC) becomes operational. “Work on the Delhi-Mumbai and Ludhiana-Howrah section of the DFC will begin soon as the project is important for us. This will help Railways in carrying 60 per cent of goods that are currently transported by roads,” the Railways Minister, Mr Lalu Prasad, said here on Monday. The Minister said that various leading financial institutions such as World Bank and ADB have been coming forward to financially support it. “We are also planning to extend the DFC from Mumbai to Kolkata via Chennai in the second phase,” he said. Mr Prasad was speaking on a seminar on the public-private partnership (PPP) in Indian Railways. “We will never allow PPP in our core functioning. But there are many other areas where we are allowing PPP model,” he said. More Stories on : Railways
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