Ministry signs MoU with Chhattisgarh government for railway development

  1. Context: The Union proposal for formation of JV companies between Indian Railways and state govts
  2. Recent Developments: Indian Railways signed a MoU with Chhattisgarh Government to establish a joint venture
  3. Importance: Chattisgarh needs expansion of rail network to transport its natural resources
  4. Purpose of JV: For laying tracks and expedite implementation of railway projects in the state
  5. Focus areas of JV: Project development and implementation, resource mobilisation, land acquisition and monitor the progress of critical rail projects in the state
Railway Reforms
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