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Sunday , 14 July 2024

Tag Archives: Railway Station Development Corporation

Railway stations to be modernised

The Indian Railways has established a Special Purpose Vehicle (SPV) to modernise the railway stations in the country, and to maximise their potential as revenue generators. Two subsidiaries of the Railways, Ircon International Limited and Rail Land Development Authority, recently signed an MoU to form the SPV called Railway Stations Development Corporation. The corporation will explore using Railways’ land and ...