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48 Gati Shakti Multi Cargo Terminals commissioned so far: Railway Minister Ashwini Vaishnaw

New Delhi: A total of 48 Gati Shakti multi-cargo terminals have been commissioned so far under the PM Gati Shakti framework, Railway Minister Ashwini Vaishnaw said on Friday.

IBNS
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48 Gati Shakti Multi Cargo Terminals commissioned so far: Railway Minister Ashwini Vaishnaw
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PM Gati Shakti framework was issued on October 4, 2022. It is a master circular on “Policy for Management of Railway land” which includes provisions for leasing of railway land for cargo-related activities, public infrastructure, railway exclusives use, etc.

The zone-wise details of Gati Shakti Multi Cargo Terminals including South Central Railway commissioned so far: Central Railway-1, Eastern Railway-3, Eastern Railway-3, East Central Railway-4, East Coast Railway-2, Northern Railway-2, North Central Railway-1, North Eastern Railway-3, Northeast Frontier Railway-2, North Western Railway-5, Southern Railway-1, South Central Railway-9, South Eastern Railway-4, South East Central Railway-3, South Western Railway-2, Western Railway-6.

Railways  Minister Ashwini Vaishnaw in a written reply to a question in Rajya Sabha on Friday.

Railway land can be leased for cargo-related projects/facilities for a period up to 35 years at annual lease charges of 1.5% of the market value of land by transparent methods of competitive bidding.

The revised railway land management policies will enable the integrated development of infrastructure, the ministry said.

A master circular related to the development of Gati Shakti Multi-Modal Cargo Terminals Railway was issued on December 6, 2022.

Since such commercial policies are open-ended programs continuing on railways, the consequential development of cargo terminals coupled with the generation of sizeable employment is also likely to be a continuous process in the future.

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#agartala news#tripura news#northeast herald#finance news

IBNS

Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.

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