Fdi In Railway Sector

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  Budget 2019 Updates: "Budget Presented With 10 Year Vision In Mind," Says Nirmala Sitharaman

  Finance Minister Nirmala Sitharaman, presenting the Union Budget, said that non-resident Indians (NRIs) may get Aadhaar cards on arrival, without the mandatory waiting period. The government is contemplating enhancing foreign direct investment (FDI) in media and aviation sectors, Ms Sitharaman said today while presenting her first budget. Ms Sitha...

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  Railway Plants in Bihar to Boost Manufacturing, Jobs: Arun Jaitley

  Marking the first big FDI in the railway sector, the Indian Railways today signed Rs 40,000-crore contracts with GE and Alstom to set up two locomotive plants in Bihar with a view to boosting manufacturing and employment in the state.

• India Inc Lauds Modi Government's Push for Economic Reforms

  Welcoming the governments nod to a higher foreign direct investment (FDI) in defence and opening up the railways infrastructure sector, India Inc on Thursday said the move reflects the Narendra Modi-led government's resolve to usher in economic reforms.

• Government Says FDI Not to be Allowed in Railway Operations Sector

  A day after the government gave clearance for fully opening up the railway infrastructure segment to foreign investment, Railway Minister D V Sadananda Gowda today made it clear that FDI will not be allowed in the operations sector of the national transporter.

• Cabinet Clears FDI in Railways And Defence

  Pushing ahead with the reforms agenda, the government today approved raising FDI limit in the defence sector to 49 per cent and opened up the railway infrastructure segment for foreign direct investment.

• Cabinet Likely to Take Decision on FDI in Railways This Week: Report

  The Union Cabinet is expected to take a decision on relaxing foreign direct investment (FDI) norms in the cash-starved railways sector this week, according to sources.

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  FDI in Railways Should be Examined Carefully, Quickly: Economic Survey

  Noting that foreign direct investment (FDI) and privatization in railway sector could be the next big ticket reforms, the Economic Survey said on Wednesday the government's proposal to relax FDI in railways should be examined carefully and quickly.

• Home Ministry Red Flags FDI in Sensitive Areas of Indian Railways: Report

  The Home Ministry has raised objections in allowing foreign direct investment (FDI) in highly-sensitive areas of the Railways sector, saying such a move may compromise security of the country's largest transportation network.

• Government Initiates Steps to Relax FDI Policy in Railways: Report

  After defence, the Commerce and Industry Ministry has started the exercise to relax foreign investment norms in the railways sector by permitting 100 per cent FDI in high-speed train systems and dedicated freight lines.

• Government may soon permit FDI in high speed trains, other projects: report

  Besides, proposing 100 per cent FDI through automatic route in the cash-starved railway sector, the Department of Industrial Policy and Promotion (DIPP) has also proposed to de-license and de-reserve few areas of the sector.

• Government may soon permit FDI in railways: report

  The government is likely to allow foreign direct investment (FDI) in the cash-starved railways sector, particularly for development of rail lines between project sites and existing network, according to a top government official.