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A joint venture agreement was signed between the Ministry of Railways and Government of Kerala for developing railway infrastructure in the state. Suresh Prabhakar Prabhu, Minister of Railways, Government of India , Ashok Kumar Mital, Chairman, Railway Board; Aditya Kumar Mittal, Member Engineering, Board Members and other senior officials were also present on the occasion. The JV Agreement was signed by S.C. Jain, Executive Director(Works) on behalf of Railways whereas it was signed by K.R. Jyothilal, Secretary, Department of Transport and Revenue (Devaswom) on behalf of Government of Kerala. Speaking on the occasion, Prabhu said that the signing of JV Agreements with the State Governments is a farsighted step of the Ministry of Railways by which Railways want to work hand in glove with the State Governments for the development of railway infrastructure in the states. He said that these kinds of JV Agreement is the best example of cooperative federalism for development of the nation as envisioned by our Prime Minister. He pointed out that Kerala has been neglected for too long and now concerted efforts are needed to develop its railway infrastructure. He said that Railway Ministry has given maximum allocation to Kerala during 2014-15 to 2016-17. He further said that Railways is also working on the re-development of Kochi and Ernakulam stations of Kerala State. Speaking on the occasion, Chairman, Railway Board said that today’s JV Agreement will certainly fulfill the rail transport needs of the people of Kerala. He said that Railways want to extend railway network all over particularly in the States where demand is more and rail density is less. He said that railways has very limited resources and thus working in collaboration with the State Governments through JV Agreement can bring fruitful results for the people of the country.Kerala signs agreement with Ministry of Railways
A joint venture agreement was signed between the Ministry of Railways and Government of Kerala for developing railway infrastructure in the state. Suresh Prabhakar Prabhu, Minister of Railways, Government of India , Ashok Kumar Mital, Chairman, Railway Board; Aditya Kumar Mittal, Member Engineering, Board Members and other senior officials were also present on the occasion. The JV Agreement was signed by S.C. Jain, Executive Director(Works) on behalf of Railways whereas it was signed by K.R. Jyothilal, Secretary, Department of Transport and Revenue (Devaswom) on behalf of Government of Kerala. Speaking on the occasion, Prabhu said that the signing of JV Agreements with the State Governments is a farsighted step of the Ministry of Railways by which Railways want to work hand in glove with the State Governments for the development of railway infrastructure in the states. He said that these kinds of JV Agreement is the best example of cooperative federalism for development of the nation as envisioned by our Prime Minister. He pointed out that Kerala has been neglected for too long and now concerted efforts are needed to develop its railway infrastructure. He said that Railway Ministry has given maximum allocation to Kerala during 2014-15 to 2016-17. He further said that Railways is also working on the re-development of Kochi and Ernakulam stations of Kerala State. Speaking on the occasion, Chairman, Railway Board said that today’s JV Agreement will certainly fulfill the rail transport needs of the people of Kerala. He said that Railways want to extend railway network all over particularly in the States where demand is more and rail density is less. He said that railways has very limited resources and thus working in collaboration with the State Governments through JV Agreement can bring fruitful results for the people of the country.
