PPP model to ensure adequate resources for rail projects:Min

Posted By: Pti
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Vadodara, Feb 26(PTI) Union Minister of State forRailways Bharatsinh Solanki today said the announcement of PPPmodel in the railway budget will ensure adequate fund flowfor ambitious projects.

Speaking to PTI here, Solanki said that 85 public-private-partnership initiatives have been announced in thebudget presented on Friday.

The PPP would ensure fund flow and resource availabilityfor ambitious projects lined up by the railways, he saidadding the proposed system of single window clearance for thePPP projects would help the companies.

The introduction of e-procurement system is also awelcome step which will bring transparency in the procurementprocess of Indian Railways and the SME sector wouldparticularly benefit from it, said Solanki.

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