Minister of Railways Suresh Prabhu dedicated three new freight terminals last week under ministry’s Mission Hundred Programme. These include: Adani, Kila Raipur; Penna Cement, Tandur and CONCOR, ICD, Khemli. Apart from these, the Railway Minister also flagged off 1st High Axle Load Steel Carrier rake under Special Freight Train Operator (SFTO) policy from Jamshedpur.
While presenting Rail Budget for the year 2016-17, it was announced by the Minister of Railways that Indian Railways would develop/ commission at least hundred freight terminals on private investment in the next 2 years. The siding policy enables to provide rail-connectivity and construction of private sidings at the door-step of party’s factory/premises. Private siding is only for end-users who owns a plant/ manufacturing unit or production units/ mines for his exclusive use. However, one co-user is permitted with permission of Chief Operations Manager of the concerned zonal railway. To enable the terminal management to handle third party cargo, a scheme namely ‘Private Freight Terminal (PFT)’ is also in existence.