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MoS Rail: Gujarat Government to start 500 Private Freight Terminals within 3 Years

The Indian Railway till now has 27 PFTs. To add to these, 500 more terminals of such kind will be built in the coming 3 years, on the PPP mode.

Along with Gujarat getting one new all-time and all-weather PFT around Ahmadabad, Manoj Sinha, the Minister of State for Railways said before the Railway Budget that the Centre has planned to create 500 PFTs within three years that come.

Sinha informed media persons that 68% of the over-all Indian Railways revenue comes out of freight adding that such kind of projects will increase that revenue and will improvise the Railways’ financial condition.

The CWCNSL, Continental Warehousing Corporation (NhavaSeva) Ltd built the Sachana PFT which will be serving industries situated in the area under a radius of 100 to150 km. Sinha said that this terminal is to help industries as transportation costs will be reduced by 10%. It will handle 125 to 130 trains in a month and also has warehouses widespread around an area of 5 lakh sq ft. It will also have one depot with inland container with a capacity for 500 TEUs.

Railway Budget’s provision for Gujarat

Sinha noted that in the previous railway budget, the government of Narendra Modi allocated Rs 3,000 cr for railway projects in Gujarat adding that this was the largest sum provided to Gujarat since last ten years.

Decongesting

Seeing that the Indian Railways was facing a challenge of running trains at proper timings, Sinha said that the government of Modi importantly prioritizes a de-congesting of the network of railways.

He also said that at present 492 sectors of Railways are operating with more than 100% capacity, which means that replacing the 100 trains running, it will operate 140 to 150 trains. And this has primarily been done for de-congesting the network of railways quickly.