India Ministry Of Railways News

MoU Signed for setting up a new Corporation for Modernizing Stations

MoU Signed for setting up a new Corporation for Modernizing Stations

6th Mar 2012 Press Release Rail News

In a path breaking initiative taken by the Ministry of Railways, a formal Memorandum of Understanding (MoU) was signed today for setting up a Special Purpose Vehicle (SPV) namely “Railway Stations Development Corporation Limited” to take up work of redevelopment of railway stations along with station maintenance across India in a dedicated manner as a part of the continuous process of augmenting and improving amenities at the railway stations.