The target of developing
300 Gati Shakti terminals within the next five years is doable
and will boost the cargo movement on the Indian Railway network, bringing down
overall logistics cost of the country said Railway Minister
According to sources, the new railway land
policy will result in incremental annual revenue of Rs 30,000 crore
after five years to the national transporter.
An official statement
said that the revised land policy has
been formulated while keeping in mind the PM Gati Shakti programme and the
target to develop 300 Cargo Terminals over the next five years.
ShriVaishnaw, the five year limit and renewal requirement in earlier railway
land policy was a hindrance for higher investments.
ShriVaishnaw said that
the bid parameter will be on the share of Terminal Access Charge (TAC) and
Terminal Charge (TC) that the operator would like to share with the Indian
Railways. This is similar to the current process for bidding out terminals but
it did not cover public sector undertakings, which were given a special