<h1>Railways Ministry Partners with Kerala and Andhra Pradesh for Joint Ventures to Boost Rail Infrastructure Development.</h1> The Ministry of Railways has signed Memoranda of Understanding with the governments of Kerala and Andhra Pradesh to form joint venture companies aimed at developing railway infrastructure in these states. These agreements, part of a broader initiative involving 17 states, will see joint ventures with 51% state government and 49% Ministry of Railways ownership. The collaboration is intended to expedite project development, resource mobilization, and land acquisition, with a focus on critical rail projects. The agreements also allow for the formation of special purpose vehicles for specific projects, promoting financial leverage and enhancing project viability.