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Slash in Repo Rate may Help Railways Sourcing Fund for its Network Development

News

Investment is the only way out to address the paucity of resources in Indian railways, which has been "plaguing" the much needed modernization of the rail service

Source - ET

SNP Insights

Struggle of Indian Railways for investment sources to modernize and development of network projects is likely to end with RBI cut in repo rate. This seems to improve the turn over time of railways projects like route development, bullet train, signalling etc. which is at slow pace due to fund shortage.

Source - SNP Infra Research