Indian Railways : State Will share cost of Railway Project

To catalyse creation of Rail infrastructure for overall national growth, State Governments of Karnataka, Jharkhand, Maharashtra, Andhra Pradesh, and Haryana have agreed to share cost of several Rail projects in their respective areas.

While efforts of the government to provide precious financial resources for growth of Indian Railways would continue, the phenomenal investment needs of rail infrastructure cannot be met entirely through Gross Budgetary Support, Internal Generation of Railways and Market Borrowing. The Railways have therefore started targeting private investment in rail infrastructure to bridge the gap.

Courtesy : PIB