 "The additional Gati Shakti Cargo Terminals may need up to ~14,000 cr private funding")
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The extra Gati Shakti Cargo Terminals might have as much as Rs 14,000 cr non-public funding
The Ministry of Railways is planning to supply one other 200 Gati Shakti Cargo Terminals (GCTs) to company homes and freight operators for his or her rail-based provide chains buoyed by the response obtained thus far, a senior authorities official instructed Enterprise Normal. Based on estimates, the 200 terminals might require round Rs 12,000-14,000 crore non-public funding.
In her Union Price range speech of 2022-23, Finance Minister Nirmala Sitharaman had introduced the Centre’s plan to arrange 100 GCTs in three years.
“The response to the primary 100 GCTs has been spectacular, and exhibits that there’s urge for food within the non-public sector – each freight
First Printed: Apr 28 2024 | 11:45 PM IST
