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Lok Sabha
It has been decided that Railways will share the cost of a new railway siding if the industry comes up with a long-term commitment of traffic for 10 years or more commensurate with the investment of Railways. It will help both Railways and Industry in the long term. Details of the scheme are as follows:
(i) Under this arrangement, Siding owners will be required to bear the cost of the land,earthwork, sub structure of the track, ballast, buildings outside the premises of the siding owner.
(ii) The cost of the removable super structure including track, sleepers, fastenings girders of bridges, points and crossings, fencing, signaling and interlocking appliances, machineries of any kind and the overhead electric equipment shall be borne by the railways, outside the premises of the siding owner.
(iii) Entire cost of the siding within the applicant’s (siding owner) premises shall be borne by the siding owner.
Necessary notification has already been issued and the scheme has come in to force from 1.04.2005. Details of the scheme are also available on Indian Railway website www.indianrail.gov.in.
This information was given by Minister of State for Railways Shri R.Velu in written reply to a question by Shri Rayapati Sambasiva Rao in Lok Sabha today.
BSC/HK/CK-131/05
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