Sadananda Gowda may tap external funding for railway projects

Report stated that the Railway minister may tap foreign and private investments by introducing the public-private partnerships (PPP) concept.

Railway minister DV Sadananda Gowda is expected to propose measures to tap external sources of funding to strengthen the railway infrastructure, report was quoted as saying. Report stated that the Railway minister may tap foreign and private investments by introducing the public-private partnerships (PPP) concept. The Narendra Modi government has already increased railway passenger fares by 14.2 per cent last month.