Cabinet approves policy on longterm leasing of Railways land

Cabinet approves policy on long-term leasing of Railways land

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Ministry of Railway’s proposal to revise the railways’ land policy to implement PM Gati Shakti framework.

The revised railways’ land policy will enable integrated development of infrastructure and more cargo terminals. It provides for long-term leasing of railway land for cargo-related activities for a period up to 35 years @ 1.5% of the market value of land per annum. The existing entities using railway land for cargo terminals will have the option to switch to the new policy regime after a transpa..

Agartala-Akhaura Railway Link Opens

The Agartala-Akhaura railway link, a significant project under the Maitri Setu initiative, is set to become operational soon, according to the Chief Minister of Tripura. This cross-border rail connection aims to enhance connectivity between India and Bangladesh, fostering better economic ties and cultural exchange. The project includes a 12.03 km long rail line, with 5.46 km within India and 6.57 km in Bangladesh, linking Agartala in Tripura to Akhaura in Bangladesh.

The railway link is expected to reduce travel time and logistical costs significantly, boosting trade and tourism. It wi..

India to Become World?s 2nd Largest Urban Metro Network in 2 Years

India is on track to have the world's second-largest urban metro network within the next two years, according to Union Minister Hardeep Singh Puri. The expansion is part of the government's broader urban infrastructure development strategy under Prime Minister Narendra Modi's leadership.

Currently, over 1,000 kilometres of metro rail projects are under construction in various cities, including Delhi, Bangalore, Kolkata, Chennai, Kochi, Mumbai, Nagpur, and Ahmedabad. These projects are part of the government's commitment to enhancing urban mobility and infrastructure.

The Union Mi..