https://www.taxtmi.com/news?id=20289 The policy permits Foreign Direct Investment (FDI) on the automatic route in specified railway infrastructure activities: suburban corridor projects via public private partnership, high speed train projects, dedicated freight lines, rolling stock manufacturing and maintenance, railway electrification, signalling systems, passenger terminals, industrial infrastructure connected to rail lines, and mass rapid transit systems; it also states that these permissions do not constitute privatisation and that PPPs and outsourcing for certain non core services are allowed on a need basis to improve efficiency. en-us Fri, 20 Jul 2018 17:40:56 +0530 Fri, 20 Jul 2018 17:40:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20289 The policy permits Foreign Direct Investment (FDI) on the automatic route in specified railway infrastructure activities: suburban corridor projects via public private partnership, high speed train projects, dedicated freight lines, rolling stock manufacturing and maintenance, railway electrification, signalling systems, passenger terminals, industrial infrastructure connected to rail lines, and mass rapid transit systems; it also states that these permissions do not constitute privatisation and that PPPs and outsourcing for certain non core services are allowed on a need basis to improve efficiency. News - Fri, 20 Jul 2018 17:40:56 +0530 https://www.taxtmi.com/news?id=20289