Train routes on lease: Centre set to invite investments worth Rs 22,500 in rolling stock?

Train routes on lease: Centre set to invite investments worth Rs 22,500 in rolling stock?

Team MyNation   | Asianet News
Published : Dec 13, 2019, 07:58 PM IST

Indian government plans train routes to be given out on lease for about 35 years to the qualifying players

The government has inched closer to inviting investments worth about Rs 22,500 crore in rolling stock as part of its plan to lease out at least 100 train routes to private players to run 150 passenger trains. The proposal is set to be taken up during government’s Public Private Partnership Appraisal Committee meeting scheduled next week.