The Railways is setting up a ₹30,000 crore fund, a first-of-its-kind for the national transporter, for the implementation of remunerative projects across India. The Railways of India Development Fund, which aims to attract investors for the expansion and modernisation of rail infrastructure, will invest only in projects with high rates of return, a senior official said.

Mansha Mahajan / 12:12 pm on short byon