FDI in Railways: specific areas in which the funding will help
March 5, 2014
It is never too late to buy the latest and most modern equipment available, to get the job done in the Railways and the funding through FDI can help in this
AK Ramdas
Recently, Moneylife carried a story on the prospects of foreign direct investment (FDI) in the Indian Railways. As mentioned therein, the Department of Industrial Policy and Promotion had felt that the Railway Ministry\'s response to the draft cabinet note was confusing and therefore, it needed some more clarifications before further action could be taken.