Five Sundargarh Stations to Transform
In a significant move to enhance railway infrastructure, five stations in Odisha's Sundargarh district are set for a comprehensive upgrade to world-class standards. This initiative is part of the broader Amrit Bharat Station Scheme aimed at modernising railway stations across India.
Railway Minister Ashwini Vaishnaw announced that these upgrades would transform the stations with state-of-the-art facilities, ensuring a better travel experience. The project is part of the Indian Railways' larger goal to modernise 1,275 stations nationwide, with a specific focus on enhancing passenger am..
CONCOR Opts for Existing Lease Regime
The Container Corporation of India Ltd (CONCOR) has chosen to maintain its current land lease agreements with Indian Railways, foregoing the newly introduced liberal licensing policy. This policy, approved by the Union Cabinet, offers reduced lease charges of 1.5% of the land's market value compared to the existing 6% with annual escalation.
Switching to the new regime would require CONCOR to bid for the 26 terminals it operates on railway land. Despite having the right of first refusal if they are not the highest bidder, this introduces potential competition and uncertainties. Chairma..
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..