Jul 16, 2016

A Joint Venture Agreement Signed between Ministry of Railways and Government of Haryana

In the august presence of Shri Suresh Prabhakar Prabhu, Minister of Railways a Joint Venture Agreement was signed between Ministry of Railways and Government of Haryana. In order to expand Railway network in State of Haryana signing programme was held today i.e 15.07.2016 at Rail Bhawan. Member Engineer Shri A.K. Mittal and other Railway Board Members, several other dignitaries and senior officials were among those present on the occasion. Shri Hardeep Kumar, IAS, Addl. Chief Secretary, Government to Haryana was also present on the occasion on behalf of Govt. of Haryana who signed the agreement. The agreement was signed after the completion of the Workshop organized by the Railways on JV Companies with the concerned States. 
Ministry of Railways has taken initiative for formation of JV Companies with States. 17 States have consented for formation of such companies and 8 states have signed MOUs with Ministry of Railways in this regard. 

In this reference, a Workshop was held today in the Ministry of Railways Rail Bhawan, in connection with formation of JV Companies with State Government. Around 70 officers from State Government, Zonal Railways and Railway Board have participated in the Workshop. 

The representatives from different states i.e. Kerala, Gujarat, Mahrashtra, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Odisha, Uttar Pradesh, Haryana, Bihar, Madhya Pradesh, Chhattisgarh, Jharkhand participated in the Workshop. 

Indian Railways continue to invest in building the commission of BG Lines in the infrastructure at a faster pace. The years 2005-2009 it was 4.04. km per day, while 2009-14 it was 4.18 km per day. In 2014-15 it was 5.43 km per day in 2015-16 it was 7.7 km per day. The future plan is by 2019 it should reach 19 km per day. With State JV in place target could rise to 25 km per day.