The National Rail Plan calls for the share of rail freight to increase from the current 28 percent to 44 percent by 2051, Union Rail Minister Ashwini Vaishnaw told Lok Sabha on Wednesday.
The construction of Dedicated Freight Corridors (DFCs) on the important high-density route is an important policy measure by Indian Railways to halt the trend of falling market share of railways in the country, and will also shift the advantage in favor of rail transport, the minister said said in a written response.
He said DFC operations will make freight transport more efficient and make rail fares more competitive.
Vaishnaw said various schemes have also been put in place to attract private investment in railcar construction.
Around 232 rakes were introduced as part of various investment schemes.
Source: www.maritimegateway.com
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