Gujurat govt, Railways ink pact to develop Surat station
Free Current Affairs to Your Email
Posted on:19 Aug 2016 09:31:57
19 August 2016 Current Affairs: The Railways, Gujarat government and Surat Municipal Corporation have signed an agreement to develop Surat station under the Public Private Partnership model.
This tri-party agreement was signed in the presence of Union Railway Minister Suresh Prabhu, Gujarat Deputy Chief Minister Nitin Patel and Surat mayor Asmita Siroya.
Prabhu told reporters that private investment is the best way to expedite the upgradration of railway stations in the country.
This station will be India's first and distinctive railway station upon it's completion. It will also have a multilayer park having a slew of facilities, which are usually found in airports.
This project will be carried out under PPP model, as the government alone can not bear all the expenditure. If we do so, we have to raise taxes to collect the required capital. Thus, the best way is to involve private players. For this project, 36 business entities have already shown their interest.
The Minister further talked on increasing non-railway income to boost development in the railway sector.
FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.