Print
XClose
Press Information Bureau
Government of India
Ministry of Railways
03-December-2010 15:40 IST
Railways’ Schemes for Private Investment in Freight Market
PRESS INFORMATION BUREAU

 

Private investment to supplement public funding for infrastructure development including for Railway freight business, is a stated policy of the Government.  In this context, following schemes have been issued recently.

 

S. No.

SCHEMES

DATE OF ISSUE

1.

Wagon Leasing Scheme (WLS)

15.04.2008

2.

Liberalized Wagon Investment Scheme (LWIS)

15.04.2008

3.

Special Freight Train Operator (SFTO)

31.05.2010

4.

Private Freight Terminal (PFT)

31.05.2010

5.

Development of Automobile  & Ancillary Hub

16.06.2010

6.

Automobile Freight Train Operator Scheme (AFTO)

19.07.2010

         

Two interactive sessions with Trade & Industry were held on 12.11.2010 and 24.11.2010 on issued related to these new schemes.

       The issues raised by automobile industry are inter-alia criteria for calculation of freight rebate, period of freight rebate, permission for maintenance of rakes at private sidings, inclusion of joint ventures in eligibility criteria etc.  The issues raised by industry regarding ‘Wagon Leasing Scheme’ (WLS) are inter-alia to allow general pool wagons, one time registration, allow procurement and sale of wagons from/to all parties, exemption from payment of stabling charges and empty haulage charges etc.  The Railways is actively pursuing with industry to invest in infrastructure to create a win-win situation for both.

           This information was given by the Minister of State for Railways, Shri E. Ahamed in a written reply in Rajya Sabha today.

AKS/HK/LK/TR