Indian Railways play the most economical mode of transport among the prevailing travel modes in India. It has emerged today as the main vehicle for socio-economic development of the country. Indian railway is one of the largest employment providers in India.
Recent Developments To make rail transportation attractive and arrest the declining trend of rail share, various initiatives were taken in Financial Year2017-18 which includes-
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The Government of India has focused on investing on railway infrastructure by making investor-friendly policies. It has moved quickly to enable Foreign Direct Investment (FDI) in railways to improve infrastructure for freight and high-speed trains. At present, several domestic and foreign companies are also looking to invest in Indian rail projects.
Other Initiatives
High Speed Railway
India’s First Bullet Train
Semi High-Speed Studies
Train 18/Vande Bharat Express
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Metro Rail Policy, 2017
Present Status of Metro Rail Projects
GreenCo Rating
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