MODALITIES FOR INVESTMENT IN RAILWAYS

MODALITIES FOR INVESTMENT IN RAILWAYS

MINISTER OF STATE IN THE MINISTRY OF RAILWAYS (SHRI MANOJ SINHA) Replied.

• Ministry of Railways has constituted a High Level Committee headed by Shri Bibek Debroy for mobilisation of resources for major railway projects and restructuring of Railway Ministry and Railway Board. Ministry of Railways has also constituted a High Level Committee headed by Shri D.K. Mittal for identifying factors, issues and avenues for improving financial health of Indian Railways.

• Ministry of Railways in November, 2014 have notified Sectoral guidelines for Domestic and Foreign Direct Investment. These guidelines include permissible activities, salient features pertaining to project development, support from the Government & appropriate model of implementation and limit of permissible Foreign Direct Investment (FDI).