Response of SAIL Chairman Shri S.K. Roongta to Rail Budget 2010
The emphasis in the Rail Budget on augmentation of loco and wagon capacity, laying of new tracks, creation of infrastructure including underpasses, overbridges, automobile and ancillary hubs, etc., and ‘Golden Rail Corridor’ of high-speed passenger corridor will have a positive impact on steel demand. Thrust on public-private partnership in Railway projects is timely and a welcome step.
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