Thursday, January 07, 2016

Fwd: Railways ready with draft frame work for developers to redevelop 400 stations


---------- Forwarded message ----------
From: Capt.(Dr.) 

http://www.livemint.com/Politics/HLjPRP9hRy36QfgE9idRHJ/Railways-ready-with-draft-frame-work-for-developers-to-redev.htmlWed, Jan 06 2016. 05 09 PM IST
The railways has chalked out the parameters based on which it would select developers, and also explained the duties and responsibilities of developers

New Delhi: Indian Railways has prepared a draft framework of rules for developers who wish to undertake contracts for re-development of 400 railways stations across the country, six months after Union cabinet gave its approval for such a move by inviting open bids in an attempt to bring in private investment to the public utility.

The railways has chalked out the parameters based on which it would select developers, and also explained the duties and responsibilities of developers. The developers have now been asked to send their suggestion by 15 January after which the railways would come out with a final document.

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