Unions Protest As Railways Mulls Opening Its Stadiums For Commercial use Unions Protest As Railways Mulls Opening Its Stadiums For Commercial use The Railways largest workers union has said the stadiums are not surplus and unusable railway land which can be handed over to anybody else.
Railway Minister Piyush Goyal said in March that 3 stadiums have been identified for asset monetisation.
New Delhi:
The Indian Railways largest workers union has hit out at the Railway Board over its decision to hand over 15 of its stadiums to the Rail Land Development Authority (RLDA) to conduct techno-economic studies for commercial development .
In a reply to a query in Parliament in March this year, Railway Minister Piyush Goyal had said that the national transporter has identified 87 land parcels, 84 railway colonies, four hill railways and three stadiums for asset monetisation so far.
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Centre hopes to monetise public sector assets such as land, roads and railways to finance an infrastructure push. But where is the model to achieve the Rs 2.5-lakh-crore target?
Medha Servo Drives Gets Rs 2,211-Crore Contract For Making 44 Vande Bharat Trains
by Arun Kumar Das - Jan 23, 2021 04:56 AM
Vande Bharat Express (@RailMinIndia/Twitter)
Snapshot
These rakes would be made at three production units of railways â 24 at the ICF in Chennai, 10 at Rail Coach Factory in Kapurthala and the remaining 10 at Modern Coach Factory in Raebareli, as per the contract.
After 22 months of launching Vande Bharat Express for Katra, Indian Railways has awarded the prestigious contract for manufacturing of 44 more such trains at an estimated cost of Rs 2,211 crore.
In what could be described as a major push to the Make in India initiative, the Hyderabad-based Medha Servo Drives bagged the contract for making 44 Vande Bharat trains with 16 coaches each.